SBI Holdings, Inc. He announced today that the subsidiary of SBI Crypto Co., Ltd., which is exploiting an operation of extracting encryption assets abroad, has confirmed an unauthorized outflow of encryption assets which owns its own assets.
The SBI is currently working diligently to investigate the cause, determine the amount of outflow and implement measures to minimize damage. However, the impact on its consolidated financial results is expected to be small.
SBI VC Trade Co., Ltd. And Bitpoint Japan Co., Ltd., who exploit an encryption asset companies in Japan, are separate cryptographic entities managed by Asset Asset by SBI Crypto. No unauthorized outflow or other damage has been confirmed to any of these two companies and SBI confirmed that there was no impact on customers using their services.
As for SBI Crypto business activities, the company will continue to consider them, including possible future restructuring.