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ID:

bitpoint-588

Date:

Status:

Incident Count:

July 12, 2019

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

27,610,000

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Recovered:

-

Rewards:

Currency:

USD, BTC, ETH, BCH, XRP, LTC

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Exchange

Assets

Key Management

Extended Method:

Private key leak, hot wallet

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Days in Operation:

2386

(6.54 Years)

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On July 12, Japan's BitPoint Japan (BPJ) exchange was hacked, and 3.5 billion yen (32 million U.S. USD) worth of cryptocurrency in the hot wallet was stolen. After that, BPJ shut down all services of the exchange. On the 14th, BPJ announced the recovery of some stolen cryptocurrencies from overseas trading systems, reducing the total loss to 3.02 billion yen (customer funds 2.06 billion, BPJ own funds 960 million).

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