Japan's DMM Bitcoin to fold, transfer assets to SBI unit
02/12/2024 01:21
TOKYO, Dec 2 (Reuters) - Japanese cryptocurrency
exchange DMM Bitcoin said on Monday it would close down its
business after transferring client assets to SBI Holdings
8473.T unit SBI VC Trade around next March.
DMM Bitcoin revealed in May that it had lost 4,502.9
bitcoin, worth about $308 million at the time, in what it called
an "unauthorised leak".
(Reporting by Chang-Ran Kim; Editing by Christopher Cushing)
((ran.kim@thomsonreuters.com; +81-3-4520-1228))
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