Former Cumberland and Circle Traders Pool Money for Crypto Prop Trading

Former Cumberland and Circle Traders Pool Money for Crypto Prop Trading – CoinDesk

Dan Matuszewski remembers the early days of cryptocurrency trading, just a handful of years ago. It wasn’t the possibility of a market correction that worried him. It was the risk that the whole business might disappear. “There was always a non-zero chance that bitcoin would gap down, die, and never come back,” Matuszewski, 31, said in a phone interview.