Coronavirus business update Get 30 days complimentary access to our Coronavirus Business Update newsletter 30 days complimentary The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted double-digit gains from trading crypto regardless of whether the market rose or fell. But Mr Matveev said his investment fell 98.5 per cent in value when the fund folded in this year’s coronavirus-induced turmoil. “I don’t really know what happened,” said Mr Matveev, a fund manager-turned-private investor.