TechFlow news, on December 25, according to Coinpost, SBI VC Trade, a cryptocurrency exchange under SBI Holdings, announced it has signed an agreement with DMM Bitcoin regarding the transfer of customer accounts and custodial assets. The transfer is scheduled for March 8, 2025. This transfer will be handled by SBI VC Trade and does not require customers to open new accounts.
The transfer will cover all customers' Japanese yen and physical cryptocurrency assets held in their DMM Bitcoin accounts as of March 4.
Earlier reports indicated that the cryptocurrency exchange DMM Bitcoin suffered a theft of 4,502.9 BTC in May. On December 24, Japan's National Police Agency reported that the incident was carried out by Trader Traitor, a subgroup of the North Korea-based hacker group Lazarus Group.
