This is not good for Crypto regulations: Coincheck $723 Mln Leaves Wallet via

in #cryptocurrency7 years ago

Japan: Coincheck Exchange Freezes All Withdrawals As Up To $723 Mln Leaves Its Wallet725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zNWQ1MjFiM2MyZWVjY2M5MTRkODkzZWRmMGY2ODQ1NS5qcGc=.jpg

Coincheck has reported the likely inappropriate transfer of $532 mln worth of NEM to the Financial Services Agency and the Police, according to Nikkei.

On both English and Japanese social media, Coincheck promised users it would provide full details in due course, while in the meantime apologizing for the abrupt cut to services.

Notably, Coincheck is not registered with Japan’s Financial Services Agency - a regulator responsible for overseeing exchanges in the country - unlike several other prominent cryptocurrency exchanges, such as bitFlyer and Quoine.

Reports have also surfaced of Japanese media starting to gather at Coinchek’s headquarters.

Screen Shot 2018-01-27 at 7.44.49 PM.png

Original Article link: https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet

Sort:  

If you keep posting like this Copy/Paste articles, sooner or later they will "flag" your posts, and ur reputation will go down...

Ok got it. I was just trying to repost articles I found interesting similar like on Reddit with more than just the link. I change that going forward though. Thanks for hte heads up. Still figuring out how it all works!

Nem nem nem nem taste to good

Coin Marketplace

STEEM 0.22
TRX 0.20
JST 0.034
BTC 91713.09
ETH 3128.30
USDT 1.00
SBD 3.18