One of the few financiers who sounded a warning bell before the global financial crisis believes today's cryptocurrency "meltdown" was predictable, and that "nobody is taking much notice" of a broader financial market problem.
In an interview with ABC's The Business, author and former financier Satyajit Das said the cryptocurrency market had been propped up by rampant liquidity and cheap cash pumped into the financial system by central banks.
"I can understand why people went into crypto. It was populist anger," Mr Das said.
