08/05/2023
Bitcoin Bull Chamath Palihapitiya Sounds Alarm: 'CRYPTO is DEAD in America'
Tech investor Chamath Palihapitiya, who previously claimed Bitcoin has replaced gold and would eventually get to $200,000, now says “Crypto is dead in America.”
Palihapitiya blamed crypto’s demise largely on regulators, who have gotten much more aggressive in their pursuit of bad actors in the industry. Securities and Exchange Commission Chairman Gary Gensler has said crypto trading platforms should abide by strict U.S. securities laws.
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