Elliott Management wrote that White House policy is fueling a speculative crypto bubble that will eventually "wreak havoc." ...
Elliott Management warns White House crypto policies are fueling a market bubble, citing political ties and rising speculative risk.
Elliott Management did not immediately respond to Business Insider's request for comment. The fund's founder, Paul Singer, has been critical of crypto for years. In 2018, he called the assets "one ...
The West Palm Beach-based hedge fund said the “inevitable collapse” of the crypto bubble “could wreak havoc in ways we cannot ...
The crypto industry has paid close attention to President Donald Trump, who spoke of creating a strategic bitcoin reserve in the U.S. during his campaign. Last week, he signed an executive order to ...
Paul Singer founded Elliott Investment Management L.P., a Florida-based hedge fund known for its investor activism, in 1977. According to Forbes, a Singer worth an estimated $6.2 billion can be ...
The Trump administration’s embrace of cryptocurrencies is helping fuel a speculative mania that could cause “havoc” when prices collapse, the hedge fund Elliott Management has warned.