Japan’s Financial Regulator Responds To Coincheck US$530M Hack

Japan’s Financial Regulator Responds To Coincheck US$530M Hack

Japan’s Financial Services Agency (FSA) plans to take administrative actions against hacked cryptocurrency exchange Coincheck after the company announced the loss of 523 million units of NEM cryptocurrency (about US$530 million) from a hack. The FSA suspects that a lack of proper security measures allowed hackers to steal a record haul of cryptocurrency on Friday, […]

This post Japan’s Financial Regulator Responds To Coincheck US$530M Hack first appeared on Coinjournal.

Diana Ngo

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