Cryptocurrencies

Crypto Investors Risk ‘Total Loss,’ Deutsche Warns

  • It’s only something for people who invest speculative: Mueller
  • Problematic issues include volatility and possible data loss
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(Machine translation provided by Google and reviewed by Bloomberg editors.)

Deutsche Bank AG’s Wealth Management currently does not advise to invest in crypto-currencies, according to Markus Mueller, Global Head of Chief Investment Office. Problematic issues include high volatility, possible price manipulation and data loss or data theft, he told Bloomberg News in an interview.