Bitonic destroys wallet-screenshots that were unduly required by its supervisor

Since 16 November 2020, we have been required by DNB to request and check screenshots of our customers' wallets for all transactions. Alternatively it was possible to sign a message. We have challenged this requirement in court. Due to the intervention of the court, DNB withdrew the claim on 19 May 2021, finding that it had lacked proper legal basis.

We subsequently stopped performing the checks on May 21 and this week destroyed the unlawfully requested screenshots and data about signed messages. Not all controls will be eliminated however. We still have a legal duty to investigate transactions and, depending on the situation, may ask further questions and require evidence.