Japanese crypto exchange says $400m in currency lost

Japanese crypto exchange says $400m in currency lost

Power cables connect to cryptocurrency mining rigs composed of Antminer S9 ASIC machines on racks at the HydroMiner GmbH cryptocurrency mining facility near Waidhofen an der Ybbs, Austria, on Friday, Jan. 19, 2018. Photographer: Akos Stiller/Bloomberg

One of Japan’s biggest cryptocurrency exchanges said that about $400 million in NEM tokens were lost after the coins were sent “illicitly” outside the venue, spooking investors in a country that’s still wary of digital-token exchanges four years after the collapse of Mt. Gox.

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