Russian Hackers Possibly Linked to Coincheck Hack, the “Biggest Crypto Heist”

The public may now be closer to identifying the culprits behind the Coincheck hack, the largest the cryptoeconomy has experienced to date.

Coincheck, a Japanese cryptocurrency exchange based in Tokyo, saw its NEM (XEM) hot wallet scraped by hackers last January. The attackers netted 520 million coins, which were then worth approximately $530 million USD. As such, the economic impact was larger than the fallout caused by the 2014 Mt. Gox hack, which cost that exchange’s traders upwards of $400 million.

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