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#8
Billions of Yen: Major Japanese Brokerage Could Rescue Crypto Exchange Coincheck

Japanese online brokerage firm Monex is reportedly considering a buyout of Tokyo-based Coincheck, the cryptocurrency exchange at the center of the recent $530 million NEM theft.

Japanese financial publication Nikkei is reporting an offer from online brokerage Monex Group to buy a majority stake in cryptocurrency exchange Coincheck. The offer comes ten weeks after the platform suffered an infamous hack that is now seen as the biggest cryptocurrency exchange theft of all time.
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