The asset transfer transaction between DMM Bitcoin and SBI VC Trade is expected to be completed around March next year

CoinVoice has recently learned that, according to Jinshi reports, the Japanese cryptocurrency exchange DMM Bitcoin is unable to provide sufficient trading services to its customers due to a fraud incident of 48.2 billion yen (approximately 321 million USD) that occurred in May, and will ultimately proceed with liquidation. DMM Bitcoin plans to transfer its customer assets to SBI Group's exchange, SBI VC Trade, with the transaction expected to be completed around March. [Original link]