You are here: Home » International » News » Economy
Business Standard

$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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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