One cryptocurrency investor found out exactly how volatile crypto markets can be, after losing his $250,000 hedge fund investment over a matter of just days, according to the Financial Times. Last year, 50-year old Vlad Matveev, a former fund manager, invested $250,000 into a hedge fund operated by Cryptolab Capital. The California-based, mixed-strategy hedge fund promised to generate "outstanding returns" by investing in crypto assets through a data-heavy approach to trading.