Coincheck to allow yen withdrawals on Tuesday
Jiji -- Feb 10
Coincheck Inc., the hacked virtual currency exchange operator, said Friday that it will restart customer withdrawals of yen deposits on Tuesday.

The announcement came after the Tokyo-based company was able to confirm the security of its computer system for yen withdrawals.

Coincheck suspended withdrawals of deposits in yen as well as in virtual currencies on Jan. 26, when the company discovered that hackers had stolen assets in virtual currency NEM, worth some 58 billion yen at that time, from the exchange.

It is not yet clear when Coincheck will be able to allow withdrawals of deposits in virtual currencies, due to prolonged work to confirm the safety of such operations.

Coincheck has not disclosed the total amount of customer deposits in yen, or its number of customers. Informed sources, however, said that the exchange could face withdrawal orders exceeding 30 billion yen and that some orders may be executed on Wednesday.

News source: Jiji
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