SBI crypto pool allegedly loses $21M — North Korea suspected
SBI Crypto, a mining pool division of the $14 billion Japanese conglomerate SBI Holdings, has allegedly failed to disclose the loss of $21 million worth of digital assets to its members.
This is according to investigative researcher ZachXBT.
The company allegedly lost bitcoin (BTC), ether (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH), and Litecoin (LTC) over a week ago.
Neither ZachXBT nor Protos could find evidence that the company disclosed any such loss to its members. Protos reached out to SBI Crypto for comment but didn’t receive a response prior to publication time.
Tracing the movement of funds across the five blockchains into coin mixer Tornado Cash and instant exchanges, ZachXBT claimed the incident shares…