Japan’s Coincheck to start repaying customers Monday after digital money heist

TOKYO (Reuters) – 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 also plans to lift curbs from Monday on the trading and withdrawal of some cryptocurrencies, including bitcoin, that it had imposed as it investigated the late-January 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…

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