Search
Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison
7.2.2021
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments. The U.S. Department of Justice (DOJ) announced Thursday that...
Crypto Hedge Fund Looks for $50M to Buy DeFi Tokens Amid Market Pullback
23.9.2020
Panxora, a cryptocurrency hedge fund manager, seeks $50 million to buy digital tokens associated with decentralized finance, known as DeFi
$2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’
13.5.2020
Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge...
‘Big Four’ Firm PwC’s Report Analyzes Crypto Hedge Funds
15.5.2019
According to a report by PwC and Alan Howard’s crypto investment firm, Elwood Asset Management, the Bitcoin’s price fall last year led to heavy losses for most hedge fund managers. The hedge funds survey showed an average overall loss of 46 %. A dramatic decrease in absolute terms, but...