Government in Nippon are reportedly targeting individuals for their alleged interest in the January 2018 hack of the Coincheck crypto exchange.

According to a Jan. 22 report from Japanese news outlet Nikkei Asia, police take arrested or referred roughly 30 people in Japan to the local prosecutors' part for their alleged function in hacking 1 of the country'southward cryptocurrency exchanges. In Jan 2018, hackers stole roughly $534 million worth of NEM (XEM) from Coincheck in what was — and withal is — the largest hack of a crypto exchange.

Nikkei Asia claims that according to an unnamed source, investigators "traced the accounts at conventional cryptocurrency exchanges through which the hacked NEM was converted" to place the 30 people. The news outlet stated that the NEM tokens in cases involving the individuals may total every bit much every bit 20 billion yen — roughly $193 million at the time of publication.

Since the attacks occurred three years ago, investigators have declared that Russian hackers may have been partially responsible for infecting the personal computers of Coincheck employees with a virus. The virus could have enabled hackers to accept over the infected computers and operate them remotely.

Until now, Japanese authorities had fabricated few arrests in connection with the Coincheck hack. In March, local police force arrested ii men who allegedly purchased some of the stolen NEM on a darknet market place before long after the attack occurred. According to the police force, the two knew the origin of the funds but yet chose to purchase the tokens at a sizable discount.