Japanese cryptocurrency exchange Zaif announced that it will resume operations on April 23. The day before, the site will be transferred to the management of Fisco Digital Asset Group (FDAG).
As reported by Cointelegraph Japan, BTC, BCH and MONA were stolen from the exchange as a result of hacking in September last year, which led to a total loss of cryptocurrency in the amount of 6.7 billion yen (about $59.8 million). The acquisition of the exchange by FDAG is part of a plan to compensate for the loss of users. The new owner has provided the funds for damages in the amount of $44.6 million and acquired a majority of the shares of the operator of the exchange, Tech Bureau.
As reported in October, users who lost Monacoin will be paid 40% in Fiat currency and 60% in cryptocurrency. The amount of compensation will be $1.28 per MONA, which will be available for withdrawal on April 23. Zaif hacking was one of the reasons for tightening control over the cryptocurrency market in Japan.
In mid-March, it became known that in Japan will be held a trial on the stolen cryptocurrency minor hacker. An unnamed young man from the city of Utsunomiya in Tochigi Prefecture allegedly stole a cryptocurrency Monacoin worth about 15 million yen ($134 340).