Citron's Left says crypto is a 'complete fraud'
— Left, York, Citrons, Unlimited, Fraud, Reuterscom, Worth, Shortsellers, Crypto, Complete — 1 min read
Andrew Left, founder of Citron Research and one of the world’s best known short-sellers, described cryptocurrencies as a ‘fraud’ He did not say whether he had investments in cryptocurrencies. Last year he announced his company would stop publishing research highlighting companies' shortcomings and shift to writing about companies he thought might be worth buying. The U.S. Department of Justice has launched an expansive criminal investigation into short selling by hedge funds and research firms, including Citron, which has denied any wrongdoing, Reuters reported last December that the DOJ had launched an investigation into hedge funds, including short sellers, including the research firm Citron. The DOJ has said short sellers have been cleared of any wrongdoing by short sellers. Read more Source