| Founded | 2012 |
|---|---|
| Closed | 2018 |
| Country | Japan |
| Sector | Crypto |
| Collapse type | Fraud Explosion |
| Founder | Koichiro Wada, Yusuke Otsuka |
Coincheck
"$534 million vanished overnight because basic crypto security was ignored."
Sudden collapse triggered by fraud exposure
Key Events Timeline
On January 26, 2018, hackers stole 523 million NEM tokens worth ¥58 billion ($534 million) from Coincheck, making it the largest crypto theft in history at that time.
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