Typically, we don’t think of corporate raiders infiltrating the cryptocurrency industry or crypto hedge funds. Corporate raiders are those that identify companies that are undervalued, then gain a controlling position of the company through a hostile takeover, and then try to extract massive profits from their takeover either through M&As, firing management and implementing a new management team to turnaround the company’s revenues and profits, or by simply firing everyone, breaking up the company and selling off its assets at a collective price higher than the purchase price. Famous examples of corporate raids in the past included Carl Icahn’s hostile takeover of failing US airline company, TWA, in the 1980s and Elon Musk’s current takeover bid of the speech censoring social media platform Twitter.
I doubt any corporate raiders will target any crypto hedge funds for hostile takeover bids due to the fact that at the present time, the assets they hold will likely drop even further in valuation so it would be difficult to call them undervalued at this point despite the massive price crash in cryptocurrencies that have materialized this year. However, a significant danger still lurks underneath the surface that could trigger another heavy wave of selling, and it is