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(Bloomberg) -- Paul Singer's Elliott Investment Management is in talks to mop up as much as $7 billion from clients in one of its biggest. Elliott Management, a $34 billion hedge fund, described cryptocurrencies as 'one of the most brilliant scams in history' in a brutal takedown. Activist investor Elliott Management has made a multi-billion dollar investment in cloud-based software firm Salesforce.

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The fund dedicated three pages to covering what it sees as issues with cryptocurrencies:. Companies Latest News. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains [�]. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia is part of the Dotdash Meredith publishing family.