Citadel's Ken Griffin Says Bitcoin ‘Bubble’ May End in Tears
- Founder of $27 billion fund says stock valuations stretched
- Congress may be pushing corporate tax rate of 20% too low
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Ken Griffin, founder of $27 billion hedge fund Citadel, said today’s bitcoin frenzy resembles Holland’s tulip mania centuries ago.
“Is bitcoin a fraud? No,” Griffin said in an interview Monday on CNBC. “But these bubbles tend to end in tears, and I worry about how this bubble might end.”