A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $ 8 million and using the funds to buy bitcoin mining rigs. Although Li Qunnan has denied the allegations, executives insist their evidence implicates him. Director’s Unsanctioned Use of Funds Discovered […]
EY Survey Finds 1 in 4 Hedge Funds to Increase Crypto Exposure Next Year
EY, one of the big four consulting and auditing firms in the world, found that one in four hedge funds are expecting to increase their crypto exposure for the next year. The 2021 EY Global Alternative Fund Survey describes that alternative fund managers are slowly taking a stable place in the portfolios of investors, with […]