Japan’s Financial Services Agency Isn’t Happy With Coincheck

Last week’s big news was how Coincheck got hacked. With hundreds of millions in funds lost, things are not looking great. The company will refund all users by using money from their own reserves, though. Moreover, the exchange now faces additional scrutiny in Japan as well. The local financial regulator ordered the company to get its act together. A very strong warning not to be taken lightly.To put this into perspective, Coincheck being hacked is a very real problem. Cryptocurrency exchan