Japanese Cryptocurrency Coincheck Faces Lawsuit over Withdrawals

The post Japanese Cryptocurrency Coincheck Faces Lawsuit over Withdrawals appeared first on CCN

Investors have opened legal proceedings against embattled Japanese cryptocurrency exchange Coincheck. The Tokyo based platform was the victim of a major hack last month, with a reported loss of $530 million worth of XEM. The platform quickly closed both fiat and cryptocurrency withdrawals following the breach, in an attempt to prevent further possible loss. Whilst Yen … Continued

The post Japanese Cryptocurrency Coincheck Faces Lawsuit over Withdrawals appeared first on CCN

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