Japanese Court Orders Conditional Confiscation of Coincheck Hack Funds

A court in Tokyo, Japan, has ordered the conditional seizure of some USD 46,000 worth of bitcoin (BTC) and NEM’s XEM token that has been traced back to the Coincheck hack of 2018 – the first-ever court-ordered crypto seizure in the nation’s legal history.
Per Kyodo, a branch of the Tokyo District Court has placed a protective order on the funds ahead of a  Read more »
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