Cryptocurrency

Crypto hedge fund boss Anatoly Crachilov: ‘Non-competes are anti-human inventions’

Former Goldman Sachs executive director says top portfolio managers should be free to exercise their professional freedom

Wednesday 22 May 2024 at 23:00

The Nickel Digital Asset Management boss has weighed in on the raging debate about lock-ins for hedge fund stars
The Nickel Digital Asset Management boss has weighed in on the raging debate about lock-ins for hedge fund stars

The boss of London-based crypto hedge fund Nickel Digital Asset Management has likened non-compete agreements in the sector to slavery and backed a potential ban on the legal lock-ups.

“Non-competes are anti-human inventions,” Anatoly Crachilov told Financial News. “The agreements were inventions of people who wanted to introduce slavery.”