According to relevant sources, the Japanese Police Agency is searching the homes of several men suspected of participating in the Coincheck theft. It is understood that about 58 billion yen (about 3.7 billion yuan) of cryptocurrency was stolen by Coincheck in January last year, and the men involved exchanged the stolen NEM tokens into other cryptocurrencies. The agency plans to analyze the detained data for further investigation, and has opened a case against the suspect under investigation, with the aim of further ascertaining the situation of the incident so as to target hackers. The incident occurred in the early morning of January 26 last year, when the "private key" information of Coincheck's account holding customers' encrypted assets was stolen. Hackers immediately deposited the leaked NEM into more than 150 online accounts.