Japan's Coincheck to start repaying customers Monday after digital money heist
Japanese cryptocurrency exchange Coincheck Inc, reeling from government reprimands over lax standards after $530 million dollar theft of digital money, said it would from Monday start repaying customers affected by the heist. Coincheck said last week it would repay about 46 billion yen ($431.6 million)to investors who lost digital money in the hack, one of the biggest of digital money ever. The incident sparked renewed concern in Japan and abroad over security at cryptocurrency exchanges, and raised questions over the country’s system of regulating exchanges.
