ReportedotherStatement 831
Phil Larratt, a senior director at the consultancy, says the thieves will now try to convert the crypto into fiat money in a process that “takes weeks and months, if not years”.
The Guardian quoted Phil Larratt, described as a senior director at the consultancy, as saying the thieves will try to convert the crypto into fiat money in a process that "takes weeks and months, if not years".
This line is our short summary of the quote below. The quote is the evidence.
Other statements from the same source
ReportedamountStatement 825
Elliptic chief scientist Tom Robinson said the Binance theft is 'almost certainly the single largest known theft of any kind', that before Bybit the record was held by Saddam Hussein, who took $1bn from the central bank of Iraq in Baghdad on the eve of the 2003 Iraq war, and that the Binance theft is more than six times larger.
“This incident is almost certainly the single largest known theft of any kind,” says Tom Robinson, the consultancy’s chief scientist. “Before Bybit, that record was held by Saddam Hussein, who took $1bn from the central bank of Iraq in Baghdad on the eve of the 2003 Iraq war. The Binance theft is more than six times larger.”