Japanese exchange Coincheck is today starting to reimburse victims who lost funds in a hack that saw around $530 million stolen from the platform in January.
In a blog post dated Mar. 12, Coincheck said it will refund users at the rate of 88.549 Japanese yen (or $0.83) per NEM token stolen - the same amount as stated in its initial compensation plan - to the accounts of customers who held the token at the close of Jan. 26, Japan time.
As reported before, Coincheck first confirmed the hack on Jan. 26, confessing that around 523 million tokens had been stolen. Based on the compensation plan, users will see a combined payout of $420 million.
https://www.coindesk.com/coincheck-starts-crypto-hack-refunds-and-allows-limited-trading/
