The Taiwan-based subsidiary of hacked crypto exchange Bitpoint Japan will file a $9.4 million damages suit as it claims to have been overbilled by the parent exchange.
Bitpoint Taiwan reportedly found that total funds it collected from local clients have been short by 500 million yen ($4.7 million) due to overbilling by parent company Bitpoint Japan, according to a report by Japanese English-language publication The Mainichi on Aug. 22.