Tech Bureau Inc., the owner of Zaif exchange, decided to suspend new account registrations at their trading platform temporarily.
The decision came on September 28, 14 days after a hacking incident took place at Zaif and caused the crypto exchange more than $60 million worth of damages. Tech Bureau said in its press statement that it would resume new registrations as they decide on a concrete strategy to compensate their customers. It has reached out to Fisco, another Japanese investment management company, for a $44 billion bailout agreement. The said financial support expects to back customers’ financial assets but, according to a new development on October 1, the deal is still under examination.