The Japanese Financial Services Agency requires DMM Bitcoin to investigate the cause of the theft and submit a policy on compensation for customers
On June 4th, Japanese Finance Minister Taro Aso stated that they will "thoroughly prevent" any future incidents of unauthorized outflow of cryptocurrency from DMM Bitcoin. According to the head of the Japanese Financial Services Agency, they have already requested a report from DMM Bitcoin under the "Settlement Act" to investigate the cause of the incident and provide compensation to affected customers.
On May 31st, it was reported that approximately $30 million worth of Bitcoin was stolen from DMM Bitcoin's wallet, and the platform has since implemented restrictions on some of its services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason
Metaplex unveils indexing and data availability network for Solana
BREAKING: Important Development – Surprise Altcoin Announces It Raised 100 Million Dollars
Is Bitcoin's Rise Real? Analyst Makes Reference to 2021, Announces New ATH Prediction!
The analyst stated that when Bitcoin's ATH level in 2021 is adjusted for inflation, its new ATH level in 2024 corresponds to $83,000.
Trending news
MoreCrypto prices
More
