ICO investors to face steep losses in crypto 'mania', says hedge fund titan Kyle Bass

ICO investors to face steep losses in crypto 'mania', says hedge fund titan Kyle Bass

Kyle Bass, chief investment officer of Hayman Capital Management LP, speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 2, 2017. Photographer: Patrick T. Fallon/Bloomberg

Hedge fund manager Kyle Bass just took sides in the raging battle over the viability of the cryptocurrency market.

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