Headline via Reuters
The head of Japan's Cryptocurrency Business Association, Taizen Okuyama, said that Coincheck made false explanations to customers about its security system before the hacking incident took place last week.
He was also quoted in saying that "if similar problems had occurred in securities or currency margin trading, then the authorities would have halted the exchange's operations".
Investigations are still going on regarding the matter, and there is still no confirmation yet as to whether or not Coincheck has enough funds to reimburse customers as it promised.
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