The operator of the Japanese cryptocurrency exchange Zaif Tech Bureau still had not provided the strategy for compensation for damages to the customers affected by the incident three weeks ago of the robbery. Then from the stock exchange was withdrawn $60 million in bitcoin, Cash Bitcoin and MonaCoin.
Until then, until she’s ready, Tech Bureau has suspended the registration process for new traders. In late September, the company said that users will return any lost funds, noting that the development of the compensation plan will take time.
The robbery happened on September 14, but the operator Zaif learned about it September 17, when appealed to by the Japanese Agency of financial services. Publicly about the incident was announced on 20 September.
Soon Tech Bureau, signed a preliminary agreement with the Japanese Corporation Fisco Digital Asset Group that she will sell most of its stake for 5 billion yen (us$44.59 million). Representatives of the Tech Bureau promised that the funds will go to compensate clients. However, details of the deal are still being discussed.
We will remind that in January of this year from the actions of hackers has suffered exchange Coincheck: attackers brought with her tokens NEM $530 million Coincheck unveiled a plan to compensate the next day after the reported incident. A month later the exchange acquired major Japanese online broker Monex company.
Now Tech Bureau tries to fulfill the business requirement of the financial services Agency. In particular, the regulator is dissatisfied using the site’s hot wallets.
It is reported that the Japanese self-regulating organization “Association of exchanges of virtual currencies” intends to establish a legally binding norm, under which a trading platform will be able to keep in hot wallets are not more than 10 or 20% of the assets of clients.
According to the materials of CCN