Crypto exchange sold for $34 mn after suffering $530 mn hack
Japanese crypto exchange Coincheck, which lost about $530 million after suffering the world's largest cryptocurrency hack ever, was acquired by online brokerage firm Monex Group for about $34 million. Coincheck's management, including current CEO Koichiro Wada and COO Yusuke Otsuka, will step down as part of the deal. Monex shares jumped 20% after the announcement.