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Japanese authorities raid crypto exchange Coincheck after hack; bitcoin plunges further

Bitcoin falls below US$9,000 after India announces measures to curb use of virtual currencies

Tokyo

JAPANESE authorities on Friday raided virtual currency exchange Coincheck, a week after the Tokyo-based firm lost US$530 million in cryptocurrency to hackers.

The raid comes as bitcoin went below US$9,000 for the first time since November after India said on Thursday it would...

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