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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
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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.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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