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Hacked Exchange Zaif to Reimburse Customer Losses of $60 Mln in Crypto

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Thu, 20/09/2018 - 16:13
Hacked Exchange Zaif to Reimburse Customer Losses of $60 Mln in Crypto
Cover image via U.Today
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As U.Today reported this morning, Tech Bureau, the company operator for the Zaif exchange, admitted the fact that a hack indeed took place but has been identified as a successful malicious attack only a few days ago. The overall loss to hackers is gauged at $60 mln in crypto.

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The management of the exchange has come up with a quick idea to solve the problem and reimburse its users. Tech Bureau has begun selling a large part of its shares to a big financial operator in Japan. The company gets the controlling stock in exchange for around $44.60 mln. This will be the money to reimburse the client losses from Zaif.

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