RATE Group | Hedge Fund Billionaire & Citadel Founder Ken Griffin Blasts Bitcoin
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Hedge Fund Billionaire & Citadel Founder Ken Griffin Blasts Bitcoin

23 Jul Hedge Fund Billionaire & Citadel Founder Ken Griffin Blasts Bitcoin

Posted at 01:31h in Bitcoin News by

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Citadel bitcoin

At the recent CNBC institutional investor Delivering Alpha Conference, Ken Griffin openly expressed his opinion against the digital assets. While Griffin’s words may be turning a few heads, this is not the first time the billionaire spoke ill of cryptocurrency.

Griffin Has Always Been Very Clear in His Dislike of Bitcoin

Back in December, when bitcoin surpassed the $1,000 mark, Griffin said the coin fever was a bubble. Unlike many other voices, he believed bitcoin was not a fraud but the bubble would eventually end. At the time, Griffin admitted blockchain technology would eventually have a profound impact in the future world order.

Since then, his opinion seemingly remains the same. Interviewed by business journalist Andrew Ross Sorkin, Griffin let out his true thoughts on cryptocurrencies at Pierre Hotel’s ballroom in New York.

Sorkin teased Griffin, asking him what was he saying to his portfolio managers who wanted to invest in cryptocurrencies. Griffin didn’t…

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