Japan’s new Mt. Gox case: $300 million in Bitcoin stolen

The Japan-based DMM Bitcoin exchange was hacked and $300 million worth of Bitcoin was stolen from the exchange. The company will compensate those who suffered losses.

Japan’s new Mt. Gox case: $300 million in Bitcoin stolen

Bitcoin worth 48 billion yen (about $305 million) was stolen from DMM Bitcoin, one of Japan’s major exchanges. Nikkei, one of the Japanese media, shared the news.

It was stated in the news that the exchange management decided to compensate those who suffered losses. In the statement made by the exchange, where more than 4500 Bitcoins were stolen, “You can be sure that you will get back as many Bitcoins as you lost. The assets of our company and the assets of our customers are kept separately. “ it was said.

As it is known, in Japan, the law requires exchanges to keep their own assets and customer assets separately.

Membership, purchases and leveraged transactions have also been suspended for the time being.

The biggest hack was experienced in 2018

In the cryptocurrency world, Japan is best known for the Mt. Gox hack incident. In 2014, more than 800,000 BTC were stolen from Mt. Gox in 2014, more than 800 thousand BTC were stolen from Mt. Gox and the exchange went bankrupt. Mt. Gox will start paying its victimized customers soon, about 10 years later.

Japan’s biggest hack attack in this sense took place in 2018. Bitcoin worth 58 billion yen was stolen from the Coincheck exchange.

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