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After $530-mn cryptocurrency theft, traders to sue Japan's Coincheck

The ten traders will file the claim at the Tokyo District Court over Coincheck's freezing of cryptocurrency withdrawals

Reuters  |  Tokyo 

A group of cryptocurrency traders will file a lawsuit against Coincheck Inc on Thursday over last month's theft of $530 million in digital money from the Tokyo-based exchange, a lawyer representing the claimants said.    The ten traders will file the claim at the Tokyo District Court over Coincheck's freezing of cryptocurrency withdrawals, Hiromu Mochizuki, a lawyer representing the plaintiffs, told Reuters. The traders will request that Coincheck allows them to withdraw cryptocurrencies to "wallets" - folders used for storing digital money - outside ...

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First Published: Tue, February 13 2018. 11:44 IST
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