ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Capital Markets

Coincheck hackers have laundered $84.7 million worth of NEM

Foundation behind the digital currency falling behind in tracking efforts

A man takes a picture of a NEM logo at nem bar in Tokyo, where customers can pay with NEM coins.   © Reuters

TOKYO -- The cryptopirates who late last month made off with about $530 million worth of the digital currency NEM from a Japanese exchange have converted about $84.7 million of the booty into other virtual coins.

The trades are being made on the dark web, which can only be accessed with anonymity-providing tools.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more