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Cryptocurrency Illegally Drained from SBI Holdings Subsidiary, SBI Crypto

2025/10/02 14:02 (Updated 2025/10/02 18:00)
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Written by L.Kikutani
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Cryptocurrency Illegally Drained from SBI Holdings Subsidiary, SBI Crypto

Possible Hacking Incident at SBI Crypto

ZachXBT reported that about $21 million (approximately 3.1 billion yen) worth of cryptocurrency was illicitly drained from 'SBI Crypto,' a virtual currency mining business under SBI Holdings.

On September 24, suspicious fund transfers were reported via Telegram, involving Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash.

According to ZachXBT, the drained funds might have been laundered through instant exchange services or the cryptocurrency mixer Tornado Cash.

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