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$530 million cryptocurrency heist: Japan's Coincheck to report to regulator

Coincheck Inc was stung by the theft of $530 million of digital money in January

Reuters  |  Tokyo 

Japanese cryptocurrency exchange Coincheck Inc, stung by the theft of $530 million of digital money in January, is expected on Tuesday to file a report with regulators on the hacking. The Financial Services Agency ordered Coincheck to raise its standards after the hack and gave the exchange until February 13 to submit a report on the heist, the safety of its systems, and measures it would take to prevent a repeat. Coincheck said on Friday it would allow customers to restart yen withdrawals on Tuesday. The exchange, which froze all withdrawals of yen and digital currencies ...

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First Published: Tue, February 13 2018. 07:22 IST
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