Ex rogue trader Nick Leeson warns of bitcoin ‘herd mentality’
Leeson: "For me it is potentially a big pyramid where as long as you can get your friends to invest in the market it will keep going up"
Nick Leeson, the original rogue trader who brought down Barings Bank, has warned investors in cryptocurrencies to be wary of losing their money in a pyramid scheme. “People are lured in by this cryptocurrency thing. For me it is potentially a big pyramid where as long as you can get your friends to invest in the market it will keep going up,” Leeson told The Sunday Business Post.
“I know one broker in ...
