Coincheck is blasted with $2 mln lawsuit

132 Coincheck clients submitted a class action lawsuit
01 March 2018   1267

Yesterday, on February 28 132 customers of Coincheck exchange filed a new class action suit of a restitution following the previous one filed on February 27 at Tokyo District Court. The upset clients ask for a mix of 13 types of cryptocurrencies and a small amount of Japanese yen.

At the very least we would like to sell the virtual currency and withdraw it in Japanese yen, but even that will not make it even, we complain because of our distrust of Coincheck.


A 20-year old plaintiff

As the notorious platform seeks for possible resolutions of a crisis, and recently it was reported that a tie-up might be an acceptable option. Although a refund plan allegedly submitted to FSA, according to a resource, the Japanese regulator cannot say with a certainty what form will the restitution plans take. A local news media Jiji Press acquired from an insider that Coincheck is in talks with some investors to gain funds for a satisfactory rate of a refund process.

Coincheck spokesperson have abstained from giving in-depth details on the state of things with a plain commentary:

We have not responded to the presence or absence of a trial or content.

Unibright and NEM to Join Forces

Result of the partnership should be the creation of the possibility of generating NEM-oriented code in the Unibright framework
09 August 2018   364

The platform for integrating the blockchain into the business processes Unibright and the NEM Foundation announced a strategic partnership.

Representatives of the team Unibright said that the result of the partnership should be the creation of the possibility of generating NEM-oriented code in the Unibright framework and joining Unibright to the NEMsp service partnership program.

In addition, the partnership suggests:

  • adding NEM as a target of Unibrights automatic blockchain code generation
  • adding NEM adapters to Unibright’s integration plattform to connect NEM architectures to existing IT landscapes
  • qualifying Unibright as an official NEM Service Partner by training and certification through the Global NEMsp Network.
  • working together on common customer projects, case studies and proof of concepts with industry partners and clients

The NEMsp Network is a scalable and repeatable program designed to expedite the adoption of NEM globally while creating value for our partners. Companies won’t need to have any internal technical staff to be able to build on the NEM Blockchain because a project can be completely developed and deployed by a NEMsp. Unibright puts that development on an even higher level by generating code automatically, and thus are a perfect fit to the NEMsp network. We look forward to a long and mutually beneficial relationship with Unibright.

Kristof Van de Rek

Interim President,

Unibright already cooperates with Lufthansa.