Hack in Japan: close to 6000 BTC stolen from exchange

20 Sep, 2018
by Jelmer van der Dussen
Hack in Japan: close to 6000 BTC stolen from exchange

At least 5,966 Bitcoins have been stolen from Japanese cryptocurrency exchange Zaif. The exchange has confirmed the hack of about $60 million, PRTimes reports in Japan.

The hack took place on September 14 and BTC of both the exchange itself and its customers has been taken. About $20 million worth of BTC belonged to the exchange, the other $40 million belonged to customers.

Next to Bitcoin, the hackers were able to steal Bitcoin Cash and MonaCoin, but the exchange is still investigating how many BCH and MONA were stolen.

The exchange's servers will remain offline until it's completely safe again. Customers are not able to get their remaining funds of the Zaif exchange because deposits and withdrawals are closed for now.

Zaif is one of the 16 licensed exchanges in Japan. Tech Bureau, the company that operates Zaif, has reported the hack to the Treasury Department and aims to compensate the affected customers. Tech Bureau has asked majority shareholder Fisco Digital Asset Group to provide $44.5 million for the compensation. 

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