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"TOKYO
Hackers may have converted half of the NEM cryptocurrency stolen from Tokyo-based bourse operator Coincheck Inc into other virtual coins for laundering, a cybersecurity expert says.
The converted coins may have been exchanged to other virtual currencies or cashed by the hackers through the highly anonymous "dark web," making it even more difficult to track the stolen coins worth 58 billion yen ($547 million) at the time of the heist."
https://japantoday.com/category/crime/coincheck-hackers-may-have-laundered-half-of-stolen-nem-coins?
You heard anything about this @Nik123 ?
I did hear about the NEM hack a while back, and that the stolen funds were being watched by everyone on the blockchain lol. Which is why they seem to have converted them etc. Looks like a standard money laundering (layering) type operation. Good find - I am a strong believer in regulation being good for this industry because of incidents like this. We need strong AML laws and procedures for this reason.