Hacking of Zaif was the reason for toughening control over the market by the financial regulator of Japan.
The first measure taken was administrative sanctions against the stock exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.
Before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.
According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.
Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility bitcoin. For a short time the price was able to overcome the distance of $400.