Crypto billionaire says Fed is driving current downturn

Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

(Image credit: Lam Yik/Bloomberg via Getty Images)



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