Decrypt - DMM Bitcoin is shutting down in March 2025 due to a cyberattack, transferring customer assets to SBI VC Trade while requiring users to close leveraged positions beforehand

https://decrypt.co/294452/japanese-crypto-exchange-shut-down-300m-hack-transfer-accounts-sbi

Japanese crypto exchange DMM Bitcoin is ceasing operations in March 2025 due to a major cyberattack and resulting financial losses.

Customers' accounts and assets will be transferred to SBI VC Trade, but users must proactively close leveraged positions before the transfer.

This highlights the importance of user vigilance and careful selection of cryptocurrency exchanges to protect personal assets.