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SBI Crypto confirms unauthorized outflow of its crypto assets
SBI Holdings, Inc. today announced that its subsidiary SBI Crypto Co., Ltd., which operates a crypto asset mining business overseas, has confirmed an unauthorized outflow of crypto assets that it holds as its own assets. SBI is currently working diligently to investigate the cause, determine the amount of the outflow, and implement measures to minimize the damage. However, the impact on its consolidated financial results is expected to be minor. SBI VC Trade Co., Ltd. and BITPoint Japan Co., Ltd., which operate crypto asset exchange businesses in Japan, are separate crypto asset managing entities from SBI Crypto. No ... (full story)
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