Corporate Finance
When theft leads to a deal: Monex to buy crypto-exchange Coincheck after a massive security breach
Monex Group Inc (TYO: 8698) – market cap as of 20/04/2018: ¥149.15bn Introduction On April 16, the online brokerage giant Monex officially acquired the cryptocurrency exchange Coincheck for ¥3.6bn (~$33.55m). The move is questioned by the general public due to the recent security breach in Coincheck and the theft of Read more…