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Cryptocurrency hack in Japan

TOKYO, Japan, Jan. 28 Kyodo - Koichiro Wada (L), president of cryptocurrency exchange Coincheck, and Yusuke Otsuka, the company's chief operating officer, bow in apology at a press conference in Tokyo on Jan. 26, 2018, after around 58 billion yen ($534 million) of the NEM cryptocurrency disappeared due to hacking.

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Cryptocurrency hack in Japan

Koichiro Wada (L), president of cryptocurrency exchange Coincheck, and Yusuke Otsuka, the company's chief operating officer, bow in apology at a press conference in Tokyo on Jan. 26, 2018, after around 58 billion yen ($534 million) of the NEM cryptocurrency disappeared due to hacking. (Kyodo) ==Kyodo

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Coincheck CEO

Coincheck Inc. CEO Koichiro Wada (front) apologizes at a press conference held in Tokyo on March 8, 2018, to explain the company's plan to compensate its customers for the loss caused by a massive digital money theft. (Kyodo) ==Kyodo

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Monex CEO Matsumoto

Oki Matsumoto, CEO of Monex Group Inc., speaks at a press conference in Tokyo on April 6, 2018, about a plan to acquire troubled cryptocurrency exchange Coincheck Inc. (Kyodo) ==Kyodo

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Coincheck CEO

Coincheck Inc. CEO Koichiro Wada (front) holds a press conference in Tokyo on March 8, 2018, to explain the company's plan to compensate its customers for the loss caused by a massive digital money theft. (Kyodo) ==Kyodo

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Coincheck CEO

Coincheck Inc. CEO Koichiro Wada (front) holds a press conference in Tokyo on March 8, 2018, to explain the company's plan to compensate its customers for the loss caused by a massive digital money theft. (Kyodo) ==Kyodo

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Coincheck CEO

Coincheck Inc. CEO Koichiro Wada (front) holds a press conference in Tokyo on March 8, 2018, to explain the company's plan to compensate its customers for the loss caused by a massive digital money theft. (Kyodo) ==Kyodo

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Coincheck CEO

Coincheck Inc. CEO Koichiro Wada (front) apologizes at a press conference held in Tokyo on March 8, 2018, to explain the company's plan to compensate its customers for the loss caused by a massive digital money theft. (Kyodo) ==Kyodo

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Coincheck

Lawyers representing victims of a massive theft from Japan's virtual currency exchange Coincheck Inc. hold a press conference in Tokyo on Feb. 15, 2018, after filing a lawsuit with the Tokyo District Court earlier in the day. (Kyodo) ==Kyodo

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Coincheck

Yusuke Otsuka, a board director of Coincheck Inc., speaks to reporters in Tokyo on Feb. 13 after submitting a business improvement package to the Financial Services Agency following the theft of 58 billion yen ($533 million) worth of digital money. The digital currency exchange operator resumed yen withdrawals for its users the same day, following weeks of suspension triggered by the heist, which came to light in January. (Kyodo) ==Kyodo

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Coincheck

Yusuke Otsuka, a board director of Coincheck Inc., speaks to reporters in Tokyo on Feb. 13 after submitting a business improvement package to the Financial Services Agency following the theft of 58 billion yen ($533 million) worth of digital money. The digital currency exchange operator resumed yen withdrawals for its users the same day, following weeks of suspension triggered by the heist, which came to light in January. (Kyodo) ==Kyodo

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Coincheck

Yusuke Otsuka, a board director of Coincheck Inc., speaks to reporters in Tokyo on Feb. 13 after submitting a business improvement package to the Financial Services Agency following the theft of 58 billion yen ($533 million) worth of digital money. The digital currency exchange operator resumed yen withdrawals for its users the same day, following weeks of suspension triggered by the heist, which came to light in January. (Kyodo) ==Kyodo

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Coincheck

Yusuke Otsuka, a board director of Coincheck Inc., speaks to reporters in Tokyo on Feb. 13 after submitting a business improvement package to the Financial Services Agency following the theft of 58 billion yen ($533 million) worth of digital money. The digital currency exchange operator resumed yen withdrawals for its users the same day, following weeks of suspension triggered by the heist, which came to light in January. (Kyodo) ==Kyodo

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Coincheck

Yusuke Otsuka, a board director of Coincheck Inc., speaks to reporters in Tokyo on Feb. 13 after submitting a business improvement package to the Financial Services Agency following the theft of 58 billion yen ($533 million) worth of digital money. The digital currency exchange operator resumed yen withdrawals for its users the same day, following weeks of suspension triggered by the heist, which came to light in January. (Kyodo) ==Kyodo

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Coincheck

Photo taken on Feb. 2, 2018 shows a signboard showing the name of cryptocurrency exchange Coincheck Inc., erected in front of the building housing the company in Tokyo's Shibuya Ward. The Financial Services Agency inspected the head office of Coincheck earlier in the day to see if it has the financial strength to compensate for the loss of digital money worth 58 billion yen ($534 million) to hackers. (Kyodo) ==Kyodo

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Coincheck

Photo taken on Feb. 2, 2018 shows the building housing cryptocurrency exchange Coincheck Inc. in Tokyo's Shibuya Ward. The Financial Services Agency inspected the head office of Coincheck earlier in the day to see if it has the financial strength to compensate for the loss of digital money worth 58 billion yen ($534 million) to hackers. (Kyodo) ==Kyodo

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Japan's financial watchdog inspects Coincheck

Taro Aso, Japan's state minister for financial services, speaks to reporters after a Cabinet meeting in Tokyo on Feb. 2, 2018. The Financial Services Agency inspected Tokyo-based cryptocurrency exchange Coincheck Inc. the same day to see if it has the financial strength to compensate for the loss of digital money worth 58 billion yen to hackers the previous week. (Kyodo) ==Kyodo

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Japan cryptocurrency exchange raided over massive loss

Reporters and camera crews gather on Feb. 2, 2018, in front of a Tokyo building that houses Coincheck Inc.'s head office, where the Financial Services Agency conducted a raid over the virtual currency exchange's loss of some 58 billion yen ($530 million) in cryptocurrency in a hacking attack the previous week. (Kyodo) ==Kyodo

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Japan cryptocurrency exchange raided over massive loss

Reporters and camera crews gather on Feb. 2, 2018, in front of a Tokyo building that houses Coincheck Inc.'s head office, where the Financial Services Agency conducted a raid over the virtual currency exchange's loss of some 58 billion yen ($530 million) in cryptocurrency in a hacking attack the previous week. (Kyodo) ==Kyodo

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Coincheck

Photo taken Jan. 29, 2018, shows the name of Coincheck Inc. on a signboard at the building in Tokyo's Shibuya Ward that houses the company's offices. Coincheck admitted 58 billion yen ($532 million) in the cryptocurrency NEM had been stolen by hackers. (Kyodo) ==Kyodo

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Coincheck

Photo taken Jan. 29, 2018, in Tokyo shows a smartphone displaying an app of Coincheck Inc., the virtual currency exchange which admitted 58 billion yen ($532 million) in the cryptocurrency NEM had been stolen by hackers. (Kyodo) ==Kyodo

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Regulators take action against Coincheck after cryptocurrency theft

Journalists gather around Coincheck Inc.'s headquarters in Tokyo on Jan. 29, 2018, following a hack in which 58 billion yen ($532 million) in the cryptocurrency NEM was stolen from the virtual currency exchange. Japan's Financial Service Agency issued a business improvement order to Coincheck earlier in the day. (Kyodo) ==Kyodo

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Regulators take action against Coincheck after cryptocurrency theft

Customers of Coincheck Inc. gather around the company's headquarters in Tokyo on Jan. 26, 2018, following a hack in which 58 billion yen ($532 million) in the cryptocurrency NEM was stolen from the virtual currency exchange. Japan's Financial Service Agency issued a business improvement order to Coincheck on Jan. 29. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Yusuke Otsuka, chief operating officer of cryptocurrency exchange Coincheck, speaks in Tokyo on Jan. 28, 2018. Around 58 billion yen ($534 million) of the NEM cryptocurrency has disappeared due to hacking. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Koichiro Wada, president of cryptocurrency exchange Coincheck, bows in apology at the start of a press conference in Tokyo on Jan. 26, 2018, after around 58 billion yen ($534 million) of the NEM cryptocurrency disappeared due to hacking. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Koichiro Wada, president of cryptocurrency operator Coincheck, attends a press conference in Tokyo on Jan. 26, 2018. Some 58 billion yen ($534 million) of the cryptocurrency NEM has disappeared from a Japanese exchange due to hacking. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Koichiro Wada, president of cryptocurrency operator Coincheck, attends a press conference in Tokyo on Jan. 26, 2018. Some 58 billion yen ($534 million) of the cryptocurrency NEM has disappeared from a Japanese exchange due to hacking. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Koichiro Wada (L), president of cryptocurrency operator Coincheck, and Yusuke Otsuka, the company's chief operating officer, attend a press conference in Tokyo on Jan. 26, 2018. Some 58 billion yen ($534 million) of the cryptocurrency NEM has disappeared from a Japanese exchange due to hacking. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Koichiro Wada (L), president of cryptocurrency operator Coincheck, and Yusuke Otsuka, the company's chief operating officer, attend a press conference in Tokyo on Jan. 26, 2018. Some 58 billion yen ($534 million) of the cryptocurrency NEM has disappeared from a Japanese exchange due to hacking. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Koichiro Wada, president of cryptocurrency operator Coincheck, attends a press conference in Tokyo on Jan. 26, 2018. Some 58 billion yen ($534 million) of the cryptocurrency NEM has disappeared from a Japanese exchange due to hacking. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Koichiro Wada, president of cryptocurrency operator Coincheck, attends a press conference in Tokyo on Jan. 26, 2018. Some 58 billion yen ($534 million) of the cryptocurrency NEM has disappeared from a Japanese exchange due to hacking. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Representatives of Coincheck, the operator of the cryptocurrency NEM, tell a press conference in Tokyo on Jan. 26, 2018, that some 58 billion yen ($534 million) of the digital currency they manage has disappeared from a Japanese exchange due to hacking, an amount eclipsing the 48 billion yen lost on the Mt. Gox bitcoin exchange in Tokyo in 2014. (Kyodo) ==Kyodo

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Cryptocurrency hack in Japan

Customers of cryptocurrency operator Coincheck gather around the company's building in Tokyo on Jan. 26, 2018. Some 58 billion yen ($534 million) of the cryptocurrency NEM has disappeared from a Japanese exchange due to hacking, an amount eclipsing the 48 billion yen lost on the Mt. Gox bitcoin exchange in Tokyo in 2014. (Kyodo) ==Kyodo