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Japanese Authorities Arrest Near 30 People Alleged In Largest Crypto Exchange Hack Ever

Emily Mason

Summary: Authorities in Japan are reportedly targeting individuals for their alleged involvement in the January 2018 hack of the Coincheck crypto exchange, as reported by Japanese news outlet Nikkei Asia. Authorities have arrested around 30 people in Japan to the local prosecutors’ office for their alleged role in hacking one of the country’s cryptocurrency exchanges. The 2018 hack is ...

Authorities in Japan are reportedly targeting individuals for their alleged involvement in the January 2018 hack of the Coincheck crypto exchange, as reported by Japanese news outlet Nikkei Asia.

Authorities have arrested around 30 people in Japan to the local prosecutors’ office for their alleged role in hacking one of the country’s cryptocurrency exchanges. The 2018 hack is the largest attack on a crypto exchange with around $534 million worth of NEM (XEM) from Coincheck.

Investigators apparently traced the accounts at conventional cryptocurrency exchanges through which the hacked NEM was converted to identify the 30 people. Until now, Japanese authorities had made few arrests in connection with the Coincheck hack.

By Emily Mason

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Link: Japanese Authorities Arrest Near 30 People Alleged In Largest Crypto Exchange Hack Ever   [Copy]
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