It's bad news for the exchange, but I think the way things are being handled will boost more confidence within the crypto markets. The exchanges, unlike MtGox is trying to solve the problem. They will not close doors, and they will refund it's customers with their own funds. The NEM team was quite fast as well, and did the exchange a big favor, by "placing" a track system on the coins, so that the hackers can't do anything with them. Right now, from what I've read, they can't really trade the coins for any other alt, or fiat, so they are stuck with tainted coins.
I hope that everything ends up well for the exchange and it's customers, and what started as a bad event, will bring trust to crypto.
I hope that everything ends up well for the exchange and it's customers, and what started as a bad event, will bring trust to crypto.
That exchange has already done so much profit from trading and listing fees they must refund the members who lost their NEM out of their own pocket.