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Coincheck CEO Koichiro Wada, left, and COO Yusuke Otsuka during a press conference on Jan. 26 (Photo by Kosaku Mimura)
Cryptocurrencies

Hacked Japan cryptocurrency platform hit with improvement order

Watchdog demands tighter security at Coincheck after $534m theft

KATSUJI KAMEI, Nikkei staff writer | Japan

TOKYO -- Japan's Financial Services Agency on Monday took administrative action against hacked cryptocurrency exchange Coincheck, following the theft of 58 billion yen ($534 million) worth of NEM digital money.

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