Soros prepares to trade cryptocurrencies as prices plunge - Bloomberg

(Updated - April 6, 2018 10:09 AM EDT)

George Soros is preparing to trade cryptocurrencies as prices plunge, Bloomberg reported. News follows a call from Mr. Soros in January that the trading vehicles were in a bubble.

Adam Fisher, who oversees macro investing at Soros Fund Management, got internal approval to trade the cryptocurrencies in the last few months, though he has yet to make a trade at this point, Bloomberg reported citing people familiar with the matter.

A spokesman for the firm declined to comment to Bloomberg.

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