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© Thomson Reuters 2018Monex to buy hacked crypto exchange Coincheck for Y3.6 billion
By Thomas Wilson and Taiga Uranaka TOKYO©2024 GPlusMedia Inc.
7 Comments
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fxgai
A fire sale bargain for Monex.
If Wada had tried to sell before the security hacks imagine how much more he’d have scored!
maybeperhapsyes
Get the feeling they will regret that purchase in the months to come.
commanteer
Wow, that picture speaks 1000 words. This so often happens in new industries. The young, idealistic and naive first movers get cut out when they hit their first speed bump. Now the establishment money is moving in.
smartacus
Some of the CEOs of these start-ups look like they are barely out of their teens. They may know all about the digital world but there is no substitute for old-fashioned business experience.
baktaka
Err that first speed bump you talk about is a hell of a speed bump. Don’t think these guys deserve a second chance, like ever.
fxgai
I’d take a speed bump for a 1.6 billion yen pay out.
mmwkdw
Japanese Business ... there's more to this than meets the eye.