Crypto.com Accidentally Transfers $7.1 Million to Australian Woman

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Published by
The Street

By Luc Olinga Matt Damon’s favorite bitcoin platform’s big mistake raises questions about internal controls. It is a regrettable error which is expensive. This is an error that raises eyebrows and questions the control mechanisms in the crypto industry as a whole. This risky error is likely to push the regulators to tighten their supervision of the main players in the young industry, which is still trying to earn its letters of nobility and to allay the fears of the general public. It is not certain that with this error the evangelists of the crypto space have an additional argument in their f…

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