Solana co-founder: Crypto startups with a total valuation of about $250 billion are leaving the Bay Area due to excessive regulation

According to Foresight News, on November 28, Solana co-founder Toly (Anatoly Yakovenko) posted on X, “I guess about $250 billion worth of crypto startups left the Bay Area because California representatives failed to stop Warren’s excessive intervention. Anywhere else in the world would keep these startups there at all costs.”