A group of traders has prepared a lawsuit against coincheck crypto-exchange

Ten traders intend to file a collective lawsuit against the Japanese cryptocurrency exchange Coincheck. The relevant documents have already been prepared and will be sent on Thursday, February 15. This was reported by Reuters, citing a lawyer representing the plaintiffs.

The reason for the indignation of traders was the decision of the platform to freeze the option of withdrawal of cryptocurrency assets. According to the lawyer, hiromu of Motizuki, traders are going to require Coincheck to provide users with the opportunity to bring digital currency to third party cryptococal.

In addition, the group plans to file another lawsuit at the end of the month, the purpose of which will be to recover from Coincheck compensation after one of the largest break-ins in the history of the crypto industry.

Recall, on January 26, the Japanese crypto exchange Coincheck confirmed a major theft of funds from the platform. In total, the reported theft of 58 billion yen ($533 million) in the cryptocurrency NEM (XEM).

Later, representatives of the site published an official statement, which reported the readiness of the company to compensate losses of users at their own expense.

On February 13, Coincheck unfrozen the withdrawal of funds in the yen and satisfied users ‘ requests for a total of 40.1 billion yen ($372 million).

As previously reported, employees of the Department for combating cybercrime of the Tokyo police Department detained and interrogated an unnamed trader in the case of hacking Coincheck, as he converted in the dark a small part of the marked NEM Foundation stolen tokens.

At the same time, many experts fear that such a marking system, developed by the non-profit organization NEM Foundation, may lead to the centralization of control over the blockchain.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Consulting FZE
Free copying and distribution of materials from the Cryptoconsulting site is allowed only with the indication of an active link to Cryptoconsulting source. Specifying a link is also mandatory when copying content to social networks or print editions.

Copyright © 2017 CryptoConsulting

To Top
A password has not been entered
Password generation