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Cryptocurrency Investors Will Sue Coincheck

Recently, there was a hack attack on the cryptocurrency exchange Coincheck in Japan and hundreds of millions of dollars were stolen. It has been learned that a group of crypto investors will sue Coincheck on Thursday. .

Investors will request that Coincheck allow crypto withdrawals to non-exchange wallets. Plaintiffs may file another lawsuit at the end of this month, according to the attorney’s statement. The second possible lawsuit will be related to the damages caused by the robbery.

The hack attack on Coincheck revealed that the regulations applied by the Japanese regulators to the cryptocurrency market were incomplete in some respects and showed that these regulations should be reviewed. .

Stopping all Yen and digital currency withdrawals after the theft, Tokyo-based Coincheck is restarting Yen withdrawals as of Tuesday, according to posts on Twitter.

Coincheck said on Friday after making sure the system is safe. then he said he would let customers withdraw Yen. The exchange will allow withdrawals of cryptocurrencies when it is sure that all the services it offers are safe.

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