About 30 people in Japan charged for exchanging stolen cryptocurrency
About 30 people in Japan have been charged for allegedly exchanging NEM cryptocurrency for other digital currencies while knowing the assets had been stolen, investigative sources said Thursday.
Some 58 billion yen ($560 million) worth of digital money NEM was stolen from its operator Coincheck Inc. in January 2018. Following the massive theft, an underground exchange emerged for swapping NEM for other digital currencies on a dark website, and the suspects are found to have been involved in trading at the online exchange, the sources said.
Photo taken Jan. 29, 2018, in Tokyo shows a smartphone displaying an app of Coincheck Inc., the virtual currency exchange. (Kyodo)