Crypto Industry in America Faces Regulatory Backlash, Says Investor

 Cryptocurrency faces regulatory challenges in the United States

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 Big tech investor Chamath Palihapitiya claims "Crypto is dead in America

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 Palihapitiya blames SEC Chairman for bitcoin industry's downfall

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  SEC enforcing restrictions and charging crypto businesses

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 Bittrex and Coinbase Global Inc. charged by SEC for selling unregistered securities

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Businesses paying the price for pushing the envelope

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 Palihapitiya views cryptocurrencies with greater caution

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Bitcoin's rise influenced by people's lack of faith in authorities

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 Palihapitiya did not predict next price increase for bitcoin

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  Federal Reserve's decision to raise interest rates led to 2022 crypto winter

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