DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $ 303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May 31, 2024. In response, DMM Bitcoin has assured …
Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $ 200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary Wang is set to return to the stand on Tuesday, with reports suggesting that ex-Alameda Research CEO …