February 1, 2018 / 11:07 PM / 9 months ago

Japan FSA to conduct spot inspection Friday on Coincheck-source

TOKYO, Feb 2 (Reuters) - Japan’s financial regulator will conduct a spot inspection Friday of Coincheck, the cryptocurrency exchange from which hackers stole $530 million of digital money, a source with direct knowledge of the matter said.

The regulator, the Financial Services Agency, earlier this week issued a business improvement order to Coincheck and said it would investigate all cryptocurrency exchanges in Japan for security gaps following the hack. (Reporting by Takahiko Wada; Writing by Chris Gallagher)

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