
SBI VC Trade Completes Acquisition of Hacked Crypto Exchange Bitcoin DMM Assets
SBI VC Trade, a crypto-focused subsidiary of Japanese financial giant SBI Holdings, is set to inherit the accounts and assets of embattled crypto exchange DMM Bitcoin. The transfer will take place on March 8, 2025, marking the culmination of DMM Bitcoin’s liquidation process after a devastating $305 million hack in May 2024. Liquidation and transfer…