Modern Australian

What the Coincheck hack tells us about how Australian regulators will handle a cryptocurrency hack

  • Written by Philippa Ryan, Lecturer in Commercial Equity and Disruptive Technologies and the Law, University of Technology Sydney
What the Coincheck hack tells us about how Australian regulators will handle a cryptocurrency hackHacks like the one on Coincheck expose gullible investors to risk, but it also means funds could be flowing undetected into the hands of money launderers and terrorists.www.shutterstock.com

New risk rules for cryptocurrency exchanges will be put to the test with the latest hack on Japanese exchange Coincheck. Hackers stole US$660 million worth of...