Crypto exchange Bitpoint Japan Co. stated about finding over 250 mln yen ($2.3 mln) worth of crypto coin, which is a part of $32 million stolen digital assets in a previous hack, The Mainichi writes.
The Mainchi also reports that Bitpoint found the stolen crypto coins on Bitpoint Japan trading system using foreign exchanges. The exchange told that it suspended all transactions and services after it was hacked for 3.5 billion yen. In addition, it said that this finding reduces the crypto coin loss from 3.5 billion yen ($32 mln) to 3.02 billion yen ($28 million).
The Tokyo-based exchange was hacked on July 12. There was stolen 3.5 billion yen, 2.5 billion yen (worth 23 million in USD) of which belonged to customers and 1 billion ($9.2 million) belonged to the company. The five different kinds of crypto coins that have been stolen during the hacker attack were Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple.
It is worth noting that Bitpoint was 1 of the companies to receive a business improvement order from Japan’s finance watchdog, the Financial Services Agency, in June of the previous year. Among the primary issues was the compliance of exchanges with Anti-Money Laundering and Know Your Customer requirements.
The post Bitpoint Finds $2.3 million in Stolen Cryptocurrency appeared first on Bitcoin News.
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