- Mike Novogratz has bemoaned the differing regulatory approaches to crypto and AI.
- The CEO fears that, left unchecked, AI-generated Deep Fakes could become prevalent.
- Novogratz added that the regulatory backlash in the U.S. because of one man is âdumb.â
Galaxy Digital CEO Mike Novogratz told investors in a shareholder update on March 28 that he believes the U.S. government has got it wrong in focusing its regulatory attention on crypto and not AI.
âCompletely Upside-Downâ
Crypto has been in the firing line of agencies such...