Japan police target about 30 people linked to huge cryptocurrency heist

Suspect transactions account for a third of $530m stolen from Coincheck in 2018

20210121N Coincheck

About 30 people are under investigation in connection with a 2018 cyberattack that stole 58 billion yen of NEM cryptocurrency from Japan's Coincheck. (Photo by Koji Uema)

Nikkei staff writers

TOKYO -- Police in Japan have identified roughly 30 people for alleged involvement in illegal transactions stemming from 58 billion yen ($530 million at the time) worth of NEM cryptocurrency hacked from the Coincheck exchange three years ago, Nikkei has learned.

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