This is a twist, reportedly not stolen from a wallet, but minted and stolen from an exchange.

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This is a twist, reportedly not stolen from a wallet, but minted and stolen from an exchange. Converting 80,000 to Ethereum (wEth). It maybe the second-largest at $326million on DeFi services, with the largest being Poly Network, hacked in August 2021.

Converting and moving such a large column of coin raises questions on the ability to transact coin and the governance of those transactions.

#cryptocurrency‚ #cryptoregulation‚ #cryptoassets‚ #crypto‚ #nft‚ #cyberlaw‚ #regulations‚ #cryptoregulation
#cybersecurity‚ #cyberriskmanagement‚ #compliance‚ #regulatorycompliance‚ #regulatoryoversight‚ #regulation‚ #cbdc‚ #aml‚ #kyc

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Cryptocurrency & Digital Assets, Cybersecurity, Regulation & Compliance

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