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Ex-Goldman Bond Trader Builds a $5.6 Billion Crypto Behemoth

  • Dan Morehead calls crypto more compelling than any other trade
  • His Pantera Bitcoin Fund returned more than 65,000% since 2013
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Plenty of people wish they had bought crypto early, when it was still little more than a curiosity.

Former Goldman Sachs Group Inc. bond trader Dan Morehead was among the few who did, launching his first crypto fund when a Bitcoin cost less than a bag of groceries.