$613 Million In Crypto Stolen, What Next?

Varun Mittal, Global Emerging Markets FinTech Leader, EY

13-Aug-21 07:30

$613 Million In Crypto Stolen, What Next?

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A few days ago, some hackers stole US$613 million worth of digital coins from Poly Network, and only returned US$260 million worth of tokens after less than 24 hours. So we ask Varun Mittal, Global Emerging Markets FinTech Leader of EY what are the impacts of this incident and will we be seeing more regulatory oversight on cryptocurrencies.

Image credit: Shutterstock.com

Produced by: Sim Wie Boon

Presented by: Roshan Kanesan, Noelle Lim, Shazana Mokhtar

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Categories: Business Analysis, Trends and Forecasts, Markets, Personal Finance, Investments, Financial Literacy, Young Finance, Technology, Tech, Politics, Social Issues, law & legal matters

Tags: cryptocurrency, digital coin, stolen, steal, regulatory, crackdown,

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