Bitcoin falls more than 12% after Coinrail hack | Money Talks
Crypto exchange Coinrail announced that it has already recovered most of the stolen assets and plans to start operations by mid-July.
The seventh largest South Korean marketplace reported that 80% of the stolen coins were repurchased or recovered. It is reported that cryptocurrencies are still under investigation. An entry was posted on the site’s official Twitter that the company plans to resume work by mid-July 2018.
Coinrail representatives say that work is underway to recover damages, the result of which will be reported by the end of June. It is said that this week about 50 customers tried to visit the company’s offices in Seoul and Gangnam, but they were not allowed in, and warnings were posted on the doors to prevent them from entering..
Recall that South Korea will not impose a tax on income from cryptocurrencies.
text: Ivan Malichenko. photo: Getty images