NEM Foundation Stops Tracking Coins Stolen from Coincheck

in bitcoin •  7 years ago 


The NEM Foundation has announced it will no longer track cryptos stolen from the Japanese exchange Coincheck. The Singapore-based organization said it had provided law-enforcement agencies with information from its investigations. It did not explain its decision to end the tracking efforts. According to some estimates, half of the NEM coins that disappeared in the hack have been laundered on the darknet.

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