DMM Bitcoin exchange liquidates, and rug pulls are on the rise: Crypto-Sec

Crypto exchange DMM will liquidate after suffering a $320 million hack back in May.

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The latest crypto scams, hacks and exploits, and how to avoid them: Crypto-Sec

DMM Bitcoin has given up on continuing operations under its current business structure and will liquidate, according to a report from Nikkei Asia. However, customer accounts and assets will be acquired by its parent company, SBI Group.

The liquidation comes after DMM Bitcoin suffered a $320 million hack in May.

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