Months After Shilling $3,000 ETH, Cramer Says Crypto Has “No Real Value”

The cryptocurrency space has "no real value" and could suffer from further losses, Jim Cramer suggested on CNBC's Squawk Box Tuesday.
The former hedge fund manager pointed to the recent wave of crypto firms suffering from liquidity issues as he slammed the space.
Cramer's comments come months after he said that investors could "easily" secure returns of 35 to 40% from investing in Ethereum. He also previously announced that he had bought into the asset.