The Japanese newspaper Mainichi Shimbun reported that XEM tokens (the designation of NEM cryptocurrency) stolen at Coincheck were found that on the Russian stock exchange YoBit. The approximate cost of funds...
The Japanese newspaper Mainichi Shimbun reported that XEM tokens (the designation of NEM cryptocurrency) stolen at Coincheck were found that on the Russian stock exchange YoBit. The approximate cost of funds transferred to YoBit are estimated by $ 10.2 million. The domain yobit.net is registered on reg.ru, but the owner is unknown.
About $ 530 million in NEM cryptocurrency were totally stolen from the Japanese exchange Coincheck in January 2018. Stolen coins account for about 5% of the total amount of XEM.
This incident became the largest theft ever in the history of cryptocurrencies. Prior to that, the record was the break of Mt.Gox exchange in March 2014, when the cybercriminals stole $ 473 million.
The NEM developers decided not to create a hardfork of the network trying to recover the stolen tokens. Instead of it the stolen XEM received special marks that would make much more complicated to exchange them to other cryptocurrencies or withdraw to fiat money.
Hackers have already made attempts to withdraw funds to other exchanges. Coincheck appealed to these exchanges to block transactions.
Japanese policemen managed to catch one local trader, who is probably involved in hacking the stock exchange. He tried to exchange NEM for Litecoin through the site in DarkNet.
Japanese Minister of Finance urged the crypto-instruments to strengthen security, he initiated security checks on all Japanese stock exchanges after the theft.
On February 15, ten clients of Coincheck filed a lawsuit against the crypto-exchange demanding to resume the withdrawal of cryptocurrencies to external wallets. Traders are also going to claim damages worth $ 530 million.
On February 13, Coincheck activated the withdrawal to fiat money, and customers withdrew $ 372 million in Japanese yen during the first day. The exchange cannot guarantee the security of the withdrawal of assets in cryptocurrencies, and these funds are not available to users.
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