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‘Malicious Players’ in Crypto Market Must Be ‘Eliminated’: Ballet Global CEO

Bobby Lee, the principal executive and creator of digital currency safekeeping service Ballet Global Inc., delves into the decline of Sam Bankman-Fried’s FTX, the market’s forecast, and the necessity for added oversight. Lee shared on social media over the weekend that “the downfall of #FTX is merely the start of troubles in this sluggish market. The repercussions will persist, marking the dawn of the crypto winter.” He converses with Rishaad Salamat and David Ingles on “Bloomberg Markets: Asia.”

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