Crypto exchange Coincheck, still recovering from $400M hack, sold to online brokerage
Japanese crypto exchange Coincheck,made famous after hackers made off with more than $400 million in digital token NEM, has been acquired.
The company announced today (in Japanese) that Tokyo-based online brokerage Monex Group will buy it in full. The transaction will see Coincheck become a wholly owned subsidiary of Monex.
The deal is a reaction of the NEM hack, with Coincheck recognizing that it needs to strengthen its management system and organization as a whole. That&rsq
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