Billionaire Citadel Securities founder compares crypto value to abstract art

Cointelegraph

Published May 02, 2022 10:21PM ET

Updated May 03, 2022 12:00AM ET

Billionaire Citadel Securities founder Ken Griffin has compared cryptocurrency to abstract art, opining that the value of both is derived from the eye of the beholder.

Griffin — who Forbes estimates to be worth around $26 billion — has made numerous anti-crypto comments and urged others away from it in the past, but appears to have gradually softened his stance over time. He also said that Citadel will make a play once it can do so in a compliant manner.

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