Bobby Lee, chief government officer and founding father of crypto storage supplier Ballet World Inc., discusses the downfall of Sam Bankman-Fried’s FTX, the outlook for the market and the necessity for extra rules. Lee tweeted over the weekend that “the #FTX failure is simply the tip of the iceberg on this bear market. The dominos will hold falling, and that is solely the start of the crypto winter.” He speaks with Rishaad Salamat and David Ingles on “Bloomberg Markets: Asia.”
Observe Bloomberg for enterprise information & evaluation, up-to-the-minute market knowledge, options, profiles and extra:
Join with us on…
Twitter:
Fb:
Instagram:
Credit score: YouTube/Bloomberg Tv