Coincheck Slapped With Lawsuit Over Withdrawals Freeze – Are More to Come?

[kreslik.news]

Coincheck’s impending lawsuit came to fruition today as affected crypto traders sought to force the Japanese exchange to allow them to withdraw their assets that had been frozen. The development is the latest legal setback for Coincheck, having incurred a heist of move than $500 million in NEM coins late last month.

Discover credible partners and premium clients at China’s leading finance event!

The episode has reverberated across the cryptocurrency space in Japan, leading to fresh calls for regulation and placing Coincheck’s security protocols under greater scrutiny. Last month, the exchange made the decision to abruptly read more)