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By Hoe Lon Leng



Turning complex financial instruments such as cryptocurrency into eminently readable stories, Leng Hoe Lon, the author of Decrypted, is back with Deflated. In his second book, he lays bare the labyrinth of events that led to the manic and the tumultuous fall of cryptocurrencies in December 2018. Moving from Wall Street to Singapore, Hoe Lon tells the story of the great boom and bust in an authoritative and entertaining narrative. Featuring iconic figures of the financial era, he ties together all of the characters and offers a heart-to-heart discussion on how they have fallen and fought their way back up. Most importantly, he shares how one can fight back from deflation, "To be somebody, you must last." - Ruth Gordon, American actress The Author: Leng Hoe Lon, CFA serves as Executive Advisor of Kyber Network (, a decentralised cryptocurrency exchange powered by Ethereum smart contracts and is also an angel investor of Digix Global (, a company that aims to tokenise physical assets and make them fungible on the Ethereum blockchain in order to increase the pool of liquidity in a decentralised marketplace. Before this, he was CEO of machine-learning start-up Shentilium Technologies, and co-founder of trading and mentoring firm TrackRecord Asia. Hoe Lon has two decades of financial trading career including stints as CEO of Tudor Capital Singapore and Managing Director of Goldman Sachs. He holds a Bachelor's Degree in accounting and finance at the University of Warwick, England.

ISBN: 9789815009323


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