Novogratz says crypto going through a 'Long Term Capital Management moment' but nearing a bottom - CNBC


6/14/2022 12:00:00 AM2 years 10 months ago
by Yun Li

Michael Novogratz is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late 1990s.

Crypto investor Michael Novogratz is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late 1990s. "We are going through what feels… [+1412 chars]

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