He may well want cryptos to reduce in value. Lots of people working in cryptos are more interested in the potential of the technology for creating social change

He may well want cryptos to reduce in value. Lots of people working in cryptos are more interested in the potential of the technology for creating social change than in making a fast buck from speculation, and the current high prices and high volatility are in some ways an obstacle to that. Besides, he may feel some level of responsibility for the huge number of people who have lost money to token scams or who have borrowed money to 'invest' in cryptocurrencies and are currently hurting.