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Coincheck restarts yen withdrawals after cryptocurrency heist

Hacked operator reports new security measures to regulator

Monex Group plans to spend several billion yen to buy cryptocurrency exchange Coincheck, which was hit by a high-profile digital money theft in January.

TOKYO -- Japanese cryptocurrency exchange operator Coincheck on Tuesday restarted withdrawals of yen, removing a freeze imposed after the theft of about $530 million from its accounts last month.  

Coincheck, which received a business improvement order from the Financial Services Agency, filed a report to the watchdog the same day on measures to prevent a recurrence.

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