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Cryptocurrencies

Dan Loeb Is the Latest Billionaire to Dive Into the World of Crypto

The hedge-fund manager referenced Steve Jobs as he called for openly engaging with the subject while maintaining healthy skepticism.

Dan LoebPhotographer: David Paul Morris/Bloomberg
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Another week, another billionaire weighing in on cryptocurrency.

On Monday it was hedge-fund billionaire Dan Loeb, who took to Twitter to share his thoughts on the subject. “I’ve been doing a deep dive into crypto lately,” he said. “It is a real test of being intellectually open to new and controversial ideas.”