Chamath Palihapitiya declares "Crypto is Dead in America" amidst regulatory pressure.

BitBoy Crypto, a popular YouTuber, has criticized tech investor Chamath Palihapitiya's recent statement that "Crypto is dead in America," accusing him of trying to manipulate the market. Palihapitiya had cited SEC Chairman Gary Gensler's strict stance on crypto trading platforms as a major factor in the decline of cryptocurrency in the US. BitBoy Crypto defended a tweet he posted from the Bahamas last week, saying it was intended as a joke and should not be construed as harassment or a threat. At the time of writing, Bitcoin was trading at $27,410, down 1.33% in the last 24 hours.