
Tokyo court prepares to seize NEM stolen in 2018 Coincheck hack
Dr. Takayoshi Doi was arrested in connection with allegedly buying $46,000 worth of NEM that had been stolen from the exchange.
Dr. Takayoshi Doi was arrested in connection with allegedly buying $46,000 worth of NEM that had been stolen from the exchange.
The arrested men are accused of purchasing stolen NEM on the dark web, violating laws that were set up to tackle organized crime online.
The NEM blockchain, which is behind the NEM (XEM) cryptocurrency, isn’t doing so well.
The Tokyo-based cryptocurrency exchange has begun reimbursing customers who have lost their funds in the January theft of some $530 million worth of NEM coins.
Investigators are looking into the possibility that an overseas hacker group has gotten its hands on Coincheck’s encryption keys.
A total of 82.4 million petro tokens are offered for the pre-sale phase, according to the cryptocurrency's white paper.
To ensure that it has enough funds to pay back its customers, members of FSA paid a special visit to Coincheck’s Tokyo office on Friday.