• Elliott Management, a $34 billion hedge fund, described cryptocurrencies as ‘one of the most brilliant scams in history' in a brutal takedown

    5 monthes ago - By Chron

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    Elliott Management, a $34 billion hedge fund, told clients that cryptocurrencies will likely one day be described "as one of the most brilliant scams in history."
    "FOMO has solidly trumped WTHIT ," Elliott wrote in a fourth-quarter letter to clients.
    Elliott Management, a $34 billion hedge fund founded by billionaire Paul Singer, has an acronym to describe the folly surrounding cryptocurrencies - WTHIT, or what the hell is this?
    "FOMO has solidly trumped WTHIT ," Elliott told clients in a January 26 letter seen by Business Insider.
    Read more ...

     

  • Elliott Management, a $34 billion hedge fund, described cryptocurrencies as ‘one of the most brilliant scams in history' in a brutal takedown

    Elliott Management, a $34 billion hedge fund, described cryptocurrencies as ‘one of the most brilliant scams in history' in a brutal takedown

    5 monthes ago - By Business Insider

    Elliott Management, a $34 billion hedge fund, told clients that cryptocurrencies will likely one day be described "as one of the most brilliant scams in history."
    "FOMO has solidly trumped WTHIT ," Elliott wrote in a fourth-quarter letter to clients.
    Elliott Management, a $34 billion hedge fund founded by billionaire Paul Singer, has coined a new acronym to describe the folly surrounding cryptocurrencies - WTHIT, or what the hell is this?
    "FOMO has solidly trumped WTHIT ," Elliott told clients in a January 26 letter seen by Business Insider. "When the history is written, cryptocurrencies...
    Read more ...