Tokyo Police Arrest 2 Men for Buying Cryptocurrency Tied to $530M Coincheck Hack

Tokyo police arrested two individuals on Wednesday for acquiring stolen NEM from the 2018 Coincheck hack. On Jan. 26, 2018, the Japanese trading platform Coincheck noticed an “illicit transfer” of 523,000,000 NEM and it was the largest cryptocurrency exchange hack since Mt Gox.

Also read: Judge Gives Craig Wright New Deadline – Citing Forgery, Perjured Testimony in Court Tokyo officials have arrested two men for buying stolen NEM (XEM) from the Coincheck hack two years ago. Following the Coincheck hack, the NEM Foundation promised it would be able to track the coins via the mosaic tracker protocol.

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