Part of Coincheck's stolen currency likely changed to other currencies

Some of the stolen cryptocurrency from digital currency exchange operator Coincheck Inc. is likely to have been converted into other digital currencies in a possible attempt at moneylaundering, according to analysis by data security experts.Of the 58 billion yen ($533 million) worth of NEM cryptocurrency stolen last month from Coincheck, more than 500 million yen worth of the currency is likely to have been converted into bitcoin and other virtual currencies, the experts said.The conversion is believed to have been conducted through a site on the hidden dark web, which requires specific sof…READ FULL ARTICLE