Hacked Exchange Coincheck Drops Three Anonymity-Focused Coins After FSA Inspection

Japanese crypto exchange Coincheck will stop handling anonymity-centered cryptocurrencies MoneroDash, and ZCash in the aftermath of the major January hackwhen $534 mln worth of NEM was stolen from the exchange, Cointelegraph Japan reported today, March 17.

The three anonymous currencies will reportedly be bought by Coincheck from customers at a fixed price. The Japan Times added that Coincheck is also considering accepting transfers of the currencies from verified Coincheck accounts.

Coincheck froze trading and withdrawals of all cryptocurrencies after the NEM was stolen, but the exchange resumed activities of certain currencies on March 12. The exchange has already refunded 260,000 affected customers over $440 mln from its own funds, the Japan Times reports.

Additionally, about half of the NEM stolen in the hack has allegedly been converted into different cryptocurrencies for money laundering use, a cybersecurity expert told the Japan Times. The NEM Foundation had reported that the stolen NEM began being moved to different wallet addresses on Jan. 30…

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