๐ฐ DMM Bitcoin to Shut Down After Hack, SBI VC Trade Steps In
๐ฅ In May 2024, a hack at DMM Bitcoin resulted in the loss of 4,500 BTC (~$320M).
๐ Despite investigations, the funds remain unrecovered.
๐ฆ SBI VC Trade, a subsidiary of SBI Group, will acquire the platform and handle customer asset transfers by March 2025.
๐ This move ensures continuity for affected users after the massive breach.
