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I Underestimated Just How Many Subpoenas I Would Get

The number of subpoenas early crypto companies got from misinformed government agencies was "staggering," says Bloq's Steve Beauregard.

Updated Sep 13, 2021, 9:13 a.m. Published May 19, 2019, 11:30 a.m.
Steve Beauregard

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Tom Lee says stop timing the bottom and start buying the dip

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (David Paul Morris/Consensus, modified by CoinDesk)

Thomas Lee, speaking on stage at Hong Kong Consensus 2026, said investors should be looking at opportunities as crypto is in the midst of a "mini winter."

What to know:

  • Fundstrat's Thomas Lee urged investors to view the sell-off as a buying opportunity, arguing that gold has likely peaked for the year and that bitcoin and ether are poised to outperform
  • Lee sees ether possibly needing a brief dip below $1,800 before a sustained recovery.
  • Bitcoin fell back below $67,000 on Wednesday, extending a pullback from last week's rebound and marking a roughly 50 percent drawdown from its October record highs.