SBI VC Trade is preparing to accept the assets and accounts of the affected cryptocurrency exchange DMM Bitcoin! 🚀 The transfer will take place on March 8, 2025, completing the liquidation process following a $305 million hacker attack in May 2024.
DMM customers will automatically transition to the SBI platform, retaining their fiat and crypto assets. SBI will add 14 new cryptocurrencies, including TRX and SAND, and will offer staking for ETH and other tokens. 🪙
DMM ceased operations after unsuccessful recovery attempts. Hackers linked to North Korea are suspected in the attack. SBI promises a smooth transition for all customers.