Cryptocurrencies
Japan Authorities Raid Coincheck After $500 Million Heist
- Inspection conducted to ensure user security: Finance Minister
- Excahnge has until Feb. 13 to submit report on incident
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Japan’s Financial Services Agency raided Coincheck Inc.’s offices a week after the cryptocurrency exchange lost about $500 million to hackers, hauling out documents and computers as evidence.
The inspection was conducted to ensure security for users, Finance Minister Taro Aso said. On Friday morning, 10 FSA officials entered Coincheck’s premises to gain a better understanding of how the exchange is operating in light of the regulator’s business improvement order imposed earlier this week, an agency official told reporters in Tokyo.