Tag

Hedge Fund

All articles tagged with #hedge fund

Hedge Fund Boss Jason Ader Declares Bankruptcy Amid Family Lawsuit
business5 months ago

Hedge Fund Boss Jason Ader Declares Bankruptcy Amid Family Lawsuit

Jason Ader, a hedge fund boss known for his lavish lifestyle and legal troubles, filed for bankruptcy after his fund 26 Capital Acquisition Corp went into Chapter 11, and he faces a $370,000 American Express debt from his Monaco spending spree. He has also been sued by his mother over unpaid estate and mortgage issues, amid ongoing legal disputes and failed casino deals.

Opendoor's Rise as Toronto's Meme Stock Leader and Its Market Impact
business7 months ago

Opendoor's Rise as Toronto's Meme Stock Leader and Its Market Impact

Canadian hedge fund manager Eric Jackson, known for his surprise involvement in the meme stock frenzy, has seen his investments in volatile companies like Opendoor soar, leading to increased retail investor interest and questions about the sustainability of such rallies. Jackson, who previously faced significant losses, has recently re-entered the market based on social media-driven optimism, highlighting the unpredictable nature of the current trading environment.

Bitcoin's Resilience Amid Market Fluctuations and Geopolitical Tensions
business8 months ago

Bitcoin's Resilience Amid Market Fluctuations and Geopolitical Tensions

Bitcoin experienced a volatile session, briefly falling below $101,000 before sharply rebounding above $102,000 amid heavy trading volume. Hedge fund manager James Lavish criticized selling Bitcoin due to war fears, emphasizing a misunderstanding of the asset's value. The market remains within a $100K–$110K range, with on-chain metrics showing balance and derivatives indicating cautious demand for downside protection.