Yapian, a plc that owns the Youbit exchange in South Korea, filed for bankruptcy Tuesday after a humdrum that resulted in the loss of 17 percent of its cryptocurrency, according to a allegation on its website.
(News of the hack was first reported by The Wall Street Record.)
The exchange was used to purchase and sell cryptocurrencies including bitcoin and ethereum.
A shipped statement posted by the company on its website said customers will be adept to withdraw 75 percent of assets held there until the bankruptcy answer is complete.
After a hack in April, the company said, it did its “best to further the security, recruitment and system maintenance.”
South Korea’s Internet and Assurance Agency blamed the earlier attack on cyberspies working for North Korea, according to the BBC.