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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 […]Powered by WPeMatico
Tokyo police arrested two individuals on Wednesday for acquiring stolen NEM from the 2018 Coincheck hack. On Jan. 26, 2018, the Japanese trading platform Coincheck noticed an “illicit transfer” of 523,000,000 NEM and it was the largest cryptocurrency exchange hack since Mt Gox. According to Tokyo investigators, the two men who obtained the purloined stash […]
The post Tokyo Police Arrest 2 Men for Buying Cryptocurrency Tied to $530M Coincheck Hack appeared first on Bitcoin News.
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The cryptocurrency industry is under a lot of pressure from different angles. Exchanges are getting hacked or forced to shut down. Numerous projects turn into blatant scams as developers bail. It now seems the NEW Foundation is forced to pivot its approach as well. A bit of an unusual development, although it also seems to make a lot of sense. A Tough Call for the NEM Foundation When cryptocurrencies turn bearish, few people tend to look beyond the repercussions to their own portfolio. A downward price trend isn’t healthy for anyone involved, and it doesn’t just affect traders. Over thePowered by WPeMatico
The NEM Foundation has announced it will no longer track cryptos stolen from the Japanese exchange Coincheck. The Singapore-based organization said it had provided law-enforcement agencies with information from its investigations. It did not explain its decision to end the tracking efforts. According to some estimates, half of the NEM coins that disappeared in the […]
The post NEM Foundation Stops Tracking Coins Stolen from Coincheck appeared first on Bitcoin News.
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