Japanese Authorities Say the Majority of People Involved in Coincheck’s 2018 ...
More details keep appearing from the police investigation into the 2018 Coincheck hack that stole $530 million from the crypto exchange. Japanese authorities revealed that most of the individuals involved have a “high social status.” One of the Individuals Took Part in a NEM Swap Deal Is Worth $64 Million According to a report published by Bunshun, “the majority” of the men involved in the case are “high income” individuals. In fact, they come from different professional backgrounds, such as being company managers and doctors. Prosecutors said the....
Related News
Japanese police charged 30 people for their alleged involvement in illegal transactions linked to the well-known $530 million Coincheck hack in 2018. Tokyo authorities traced all individuals’ transactions to different places across the nation. Illicit Transactions Are Estimated to Have Totaled Over $96 Million Initially, Nikkei reported that the suspects were either arrested or their cases have been referred to the prosecutors’ office. However, Kyodo confirmed that all 30 people were arrested and are now under police custody, citing sources familiar with the matter. Police....
Investigators reportedly identified the individuals by tracing the crypto exchange accounts used to launder the funds. Authorities in Japan are reportedly targeting individuals for their alleged involvement in the January 2018 hack of the Coincheck crypto exchange.According to a Jan. 22 report from Japanese news outlet Nikkei Asia, police have arrested or referred roughly 30 people in Japan to the local prosecutors’ office for their alleged role in hacking one of the country’s cryptocurrency exchanges. In January 2018, hackers stole roughly $534 million worth of NEM (XEM) from Coincheck in....
Leading Asian Bitcoin exchange, Coincheck launched in 2014 just as drama in the industry was at an all-time high. Mt. Gox, led by Mark Karpeles, was in the midst of a drawn out and damaging bankruptcy. Media attention was at an all-time high, especially in Japan, where Mt. Gox had been headquartered. Media reports were oft misleading about the true relationship between Mt. Gox and the digital currency, Bitcoin. “Every media outlet in Japan broadcasted Mt. Gox as Bitcoin implanting misleading impressions to the Japanese people,” said Coincheck’s Lead of Business development, Kagayaki....
Coincheck, one of the top four bitcoin exchanges in Japan by volume, has recently experienced a growth explosion in terms of new users, trading volumes, as well as the number of merchants using its payment service. Bitcoin.com caught up with Kagayaki Kawabata, Coincheck’s Business Development Lead to discuss the achievements. User Base Exploded. “Our....
The Coincheck crypto exchange will list Chiliz and Socios fan tokens on its new NFT marketplace. Japanese cryptocurrency exchange Coincheck has partnered with major global fan token makers, Chiliz and Socios, Cointelegraph Japan reports.As part of the new partnership, Coincheck will list Chiliz and Socios’ fan tokens on Coincheck's non-fungible token, or NFT, marketplace, the company announced Monday. Coincheck originally announced that it was considering launching an NFT platform in August 2020. According to the latest announcement, Coincheck’s platform has already listed several NFTs for....