Coincheck announces restoration of the platform from February 13

From the moment in which the Japanese company reported the hacking to their systems immediately suspended the possibility of extracting funds in yen from the platform, a measure that generated a lot of discomfort and uncertainty among users.

Coincheck, the Japanese exchange platform that recently was the victim of a hacking perpetuated in their systems, announced that from next week users will be able to make withdrawals in fiduciary money from their accounts.

In a notice published today Coincheck representatives reported the following:

"The Japanese yen balances belonging to the clients are safely found in the company's accounts. Therefore, we will resume the possibility of withdrawals from February 13, 2018 ".

This announcement represents very good news for clients who have reported having their funds withheld since the events of the month of January. For the time being, it is not known if the amendment originally promised by the directors to people whose NEM balances were subtracted from their accounts is included here.

Because of the announcement made by Coincheck in relation to the compensation to those affected, the FSA was presented at the offices to determine if the company in fact was in the respective financial conditions to fulfill such promise. The regulating entity, until the moment, has not pronounced itself to offer greater details in relation to the exposed thing before.

Let us bear in mind that originally the exchange platform announced on January 26 that it had been the victim of a hack, in which unknown persons had stolen approximately 500 million NEM tokens (whose value fluctuated in the order of USD $ 533,000,000). An investigation determined that the security breach by which the theft was perpetuated was due to the fact that the Coincheck staff had not adopted all the necessary security measures to operate those assets.

Recent reports indicated that the hackers had mobilized part of the funds stolen from Coincheck, but that they had not had any exchange platform as their destination. It is thought that the criminals were doing tests to verify the amount of assets that could be mobilized safely without arousing suspicion from the authorities investigating the case.