Unauthorized Access to Crypto Asset Wallets and Asset Loss
First written in FY2023. 2 of 5 entries say "Mitigated", first in FY2024-Q1. Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「As of the end of the consolidated fiscal year, メルコイン appropriately complied with the segregation and other management obligations imposed on crypto-asset exchange service providers under the Payment Services Act and appropriately managed crypto assets deposited by users in user-dedicated cold wallets. In addition, メルコイン has no history of major incidents such as hacking.」
The company again confirmed the segregation of crypto assets, cold wallets and the absence of any major incidents. - FY2025RestatedAnnual report
「As of the end of the consolidated fiscal year, メルコイン appropriately complied with the segregation and other management obligations imposed on crypto-asset exchange service providers under the Payment Services Act and appropriately managed crypto assets deposited by users in user-dedicated cold wallets. In addition, メルコイン has no history of major incidents such as hacking.」
The company again confirmed for the full year its segregation of assets, cold-wallet management and absence of any major incidents. - FY2024MitigatedAnnual report
「As of the end of the consolidated fiscal year, メルコイン appropriately complied with the segregation and other management obligations imposed on crypto-asset exchange service providers under the Payment Services Act and appropriately managed crypto assets deposited by users in user-dedicated cold wallets. In addition, メルコイン has no history of major incidents such as hacking.」
The company disclosed, for the full year, the segregation of crypto assets, cold-wallet management, private-key management and the absence of any major incidents, reaffirming its measures to address the risk of outflows. - FY2024-Q1MitigatedAnnual report
「Meanwhile, as of the end of the first quarter consolidated accounting period, the company appropriately complied with the segregation and other management obligations imposed on crypto-asset exchange service providers under the Payment Services Act and appropriately managed crypto assets deposited by users in user-dedicated cold wallets. In addition, メルコイン has no history of major incidents such as hacking.」
Regarding the risks of unauthorised access to and outflow of crypto assets from wallets, the company disclosed compliance with segregation requirements, management in user-dedicated cold wallets and the absence of any major incidents. - FY2023First statedAnnual report
「Crypto assets deposited by customers with our group are held in wallets managed by メルコイン. We have implemented various measures in the management of private keys and the design of wallet architecture to prepare for the risk of such crypto assets flowing out as a result of unauthorised access by external third parties. However, if crypto assets were to flow out due to unauthorised access, this could have a material impact on the group's operating results and financial condition.」
With the launch of the crypto-asset trading service, the company separately identified the risks of unauthorised wallet access and crypto-asset outflows, apart from conventional payment and financial risks.