On July 18, Bloomberg reported that a key mastermind of the lobbying campaign that turned Donald Trump into the most powerful proponent of cryptocurrency is making a big bet in one of the hottest areas of the industry, and reaping stunning rewards.
According to people familiar with the matter, David Bailey's hedge fund 210k Capital, which had $433 million in assets under management as of June 30, posted a net return of 640 per cent in the 12 months to the end of June, far outpacing gains in bitcoin itself.
According to a person familiar with the matter, David Bailey, who lobbied Trump to support cryptocurrencies, has achieved a 640% net return from his hedge fund in one year
2025-07-18 12:00:52
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