00:00 Speaker A

This is a major hack. It looks like the largest on record for the crypto industry, potentially kind of for heists and and hacks like this of all time. In the first hours after this, how should people be looking at this? How should crypto investors be thinking about what this implies more broadly?

00:23 Owen

Yeah, so first of all, thank you for having me. Uh it’s good to be here. Um I think you you you all have provided a pretty good idea about the background and also the numbers. $6.3 billion. This is the largest hack in crypto history. But they also have frozen $3 billion of fund. and also Judy also mentioned the billion dollars emergency fund. So, the net number would be about maybe $2 billion or…