Coincheck Starts Refunding Customers’ NEM
Japanese cryptocurrency exchange Coincheck Inc. started making refunds in yen from March 12 (JST) to users who had NEM deposits when the exchange was hacked and lost a significant amount of the NEM cryptocurrency.
Refunds started on March 12.
Refund amounts are calculated as \88.549 ($0.83) multiplied by the amount of NEM held as of 11:59:59 p.m. on January 26, 2018 (JST).
Customers who held NEM as of the same time were eligible for refunds.
Refunds are made in yen from a Coincheck account.
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