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Japanese financial regulators raided the office of hacked virtual currency exchange Coincheck on Feb. 2.

Regulators raid hacked Tokyo virtual currency exchange

FSA checks if Coincheck has sufficient funds to compensate customers

Nikkei staff writers | Japan

TOKYO -- Japanese financial regulators on Friday raided the office of virtual currency exchange Coincheck, which lost 58 billion yen ($530 million) worth of digital currency held by its customers when it was hacked last week.

The Financial Services Agency inspected the Tokyo-based exchange operator under the revised Payment Services Act to check whether the funds can be returned to customers and probe security measures.

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