Japanese Bitcoin Exchange Goes Bust After a $700000 Theft Coverup

Japanese Bitcoin Exchange Goes Bust After a $700,000 Theft Coverup

Before Bitcoin firm CoinExchange closed its doors last year in October, an undisclosed theft had occurred a year prior. The crypto firm said the closure was purely a business decision. CoinExchange expressly ruled out a security breach as causing the closure. Was it an oversight or intentional cover-up?