crime

Cryptocurrency trader Coincheck sued after hack

17 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2018 AFP

©2019 GPlusMedia Inc.

17 Comments
Login to comment

It's okay to bow as this is cultural, but also make them pay financially and with jail time as a deterrent to others.

4 ( +6 / -2 )

Still wondering how Coincheck will be able to refund $450 million to customers.

2 ( +2 / -0 )

The stated capital of Coincheck is 92 million yen

4 ( +5 / -1 )

This seems to be the same suit as this site:

https://www.ccbengo.jp/

Seems like anyone else affected can join in.

3 ( +3 / -0 )

The stated capital of Coincheck is 92 million yen

I’m not a balance sheet expert but I think this capital is distinct from other monies a company may have in its bank accounts. For example, retained earnings resulting from operating profits from its business, could be money sitting in the bank.

Coincheck may have done pretty well during the crypto bubble last year. I don’t know how they structure their fees, but if it were a percentage of transaction amounts it would have done great as bitcoin went up by 2000%.

2 ( +2 / -0 )

Still wondering how Coincheck will be able to refund $450 million to customers.

Pay them in some spurious form of money. Like, erm, let's see....

5 ( +5 / -0 )

make them pay financially and with jail time as a deterrent to others.

Make them pay financially? Yes, of course.

Jail time? Jail time for what? For being incompetent ? If we gave everyone in Japan jail time for being incompetent there would be a lot of people in jail. They didn't do anything criminal; just didnt do their jobs. Thankfully for many people that is not a crime resulting in jailtime.

5 ( +5 / -0 )

The practice of offering apologies by bowing must be stopped in Japan now as people have seen enough of such apologies in the public domain. It high time that the real culprits are caught and punished to put an end to their fraudulent actions in public life.

2 ( +3 / -1 )

I wonder how the lawyers will defend the case given the popular fact that digital or virtual currencies do not fall into state laws and regulations. You get what you pay for.

0 ( +0 / -0 )

Is it O.K. to essentially be glaring balefully when performing an apologetic bow? (as demonstrated in the photo).

I only asked because i did a quick search on bowing etiquette and found nothing about whether eyes should be open or closed.

IMO the eyes would be closed to convey a sincere apology?

0 ( +1 / -1 )

The guy in the front of the picture does seem to have his eyeballs pointing up, doesn’t he.

0 ( +0 / -0 )

That photo looks like they're waiting for the starting bell at a pie-eating contest.

Where are the pies?

0 ( +0 / -0 )

There is no way everybody will be reimbursed. $530 Million.... where will they get that much money. The people that are suing.... they know they better get first in line.

0 ( +0 / -0 )

lose 530 million? shoganai!

Please tell me how this is not a scam.

0 ( +0 / -0 )

Please tell me how this is not a scam.

What? Please tell me how it is.

0 ( +0 / -0 )

I do not trust a Visa card, so no way in hell will I ever use Cryptocurrency.

0 ( +0 / -0 )

miyakojimadanFeb. 15 07:19 pm JST

make them pay financially and with jail time as a deterrent to others.

Make them pay financially? Yes, of course.

Jail time? Jail time for what? For being incompetent ?"

Wrong! They had a fiduciary duty which they breached.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites