According to TechFlow news on December 25, SBI VC Trade, a cryptocurrency exchange under SBI Holdings, announced that it has signed an agreement with DMM Bitcoin regarding the transfer of customer accounts and custody assets. The transfer is scheduled to take place on March 8, 2025, and customers will not need to open new accounts, as SBI VC Trade will handle the process.
The transfer will cover all customers who opened accounts at DMM Bitcoin in Japanese yen and physical cryptocurrency assets as of March 4.
According to previous reports, the cryptocurrency exchange DMM Bitcoin experienced a theft of 4,502.9 BTC in May. On December 24, the National Police Agency of Japan reported that the incident was carried out by Trader Traitor, a hacker organization under the Lazarus Group, which is based in North Korea.
