Coincheck announces compensation for the leaked cryptocurrency!
Many of you may already know
this, I think.
Regarding the incident where the domestic cryptocurrency exchange
Coincheck
NEM (XEM) was leaked
from Coincheck, the domestic cryptocurrency exchange,
Coincheck announced that it would refund customers’ assets worth
460 billion yen into Japanese yen in just one day.
http://bitcoin-newstart.com/coincheck-conpansation0128
It is remarkable that a company with only 71 employees
would cover such a colossal amount of funds
with its own capital.
This time, they announced that they would compensate
customers in Japanese yen at the post-leak rate of 88.5 yen
and convert the compensation into Japanese yen,
but XEM was already around 110 yen...
Coincheck's rapid announcement was probably well-received by the market.
Users who were affected could have bought back XEM
when they received the Japanese yen at the rate at the time,
but if they had received XEM, they would have faced a loss in comparison,
and retrieving the leaked XEM is not particularly likely,
so there may be no help for that.
In the article, Coincheck's details are summarized, including
the content of the compensation, the tax issues when compensating in yen,
http://bitcoin-newstart.com/coincheck-conpansation0128
Honestly, the current issue is about the leak of NEM,
but for people who hold other currencies besides NEM,
there may be concerns about whether the other currencies will also
be returned properly.
With this incident, regarding security
some people may be considering storing funds in a wallet themselves.
Hardware wallets like Ledger or Trezor.
Purchase should be from the official site rather than on Mercari,
or at least from an "official site-listed" dealer on Amazon
is recommended.
If you buy on the official site, it is overseas by nature,
but for reliability, the official site is recommended.
If you purchase on Mercari or similar platforms from strangers,
there is a risk of hacking and currency leakage,
so please be very careful.
