'Big Short' Michael Burry warns 'mother of all crashes' in cryptos

Casual investors buying meme stocks and cryptocurrencies are signing up for devastating losses, Michael Burry warned on Thursday. "All hype or speculation is doing is drawing in retail before the mother of all crashes," Burry tweeted. "When crypto falls from trillions, or meme stocks fall from tens of billions, mainstreet losses will approach the size of countries," he added.