Recently hacked CoinCheck exchange February 2, 2018, played host to Japanese Financial Services Agency (FSA) team to “ensure protection of users.”
Japan’s Finance Minister Taro Aso confirmed to Japan Times that authorities inspected the hacked crypto exchange ahead of approval deadline set for later this month.
CoinCheck NEM wallet was hacked on Friday, January 26, 2018, in which $530 million was stolen, making it the biggest cryptocurrency theft in the history of digital coin.
Stakeholders want the cryptocurrency exchange (coincheck) to shed light on security failures that allegedly allowed hackers to steal half a billion in NEM from accounts within a matter of hours.
Japan Times reports that FSA has also ordered cryptocurrency exchanges in the country to submit a report on their risk management systems.
The measure is o avert recurrence of such lose.
Findings have shown that the stolen coins (CoinCheck) are being moved to different addresses, meanwhile CoinCheck four days after the historic hack that it’d refund those whose NEM wallets were affected.