Coincheck Starts to Refund Stolen NEM and Partially Resumes Trading

The Coincheck exchange has published a press release informing that it will refund users who have been stolen in the January hacker attack, in which about $ 420 million has been stolen in NEM cryptocurrency. The cause of the violation was a malware that infected the company’s internal information systems.

The “Coincheck” company managed by Coin Check Co., Ltd. (Chairman and CEO: Koichi Wada) will issue a refund of 88,549 Japanese yen equivalent to $ 0.83 for each stolen NEM.

Customers who have not completed identity verification are also subject to compensation. Completion of identity verification is required separately, however in some cases it is possible that you will be asked to verify your identity.

In a second statement, Coincheck informs that from 12 March 2018 it is possible to withdraw and sell some cryptocurrencies, while the purchase is still excluded.

Withdrawal is possible for coins: ETH, ETC, XRP, LTC, BCH, BTC
The sale is possible for coins: ETH, ETC, XRP, LTC, BCH.

At the time of collection, it will be necessary to confirm that the address is the one specified above and that it is not another destination and given the many requests it may take several days to complete the withdrawals, also in case of withdrawal it is necessary to complete the identity verification.

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