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Coincheck, which is under scrutiny by the FSA authorities, has suspended fiat withdrawals until the audit is completed. Coincheck’s twitter handle has confirmed the receipt of FSA’s order to improve security measures.
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Subramaniam has now been denied bail by Magistrate Jelena Popovic, stating she did so with “grave reluctance,” as it could be another two years before his case is wrapped up. This outcome despite the Malaysian bookie’s defense lawyer, Michael Gleeson, noting that Subramaniam has had no previous criminal convictions and entered Australia legally on his own passport, thereby arguing the case for the granting of bail, which was obviously not a compelling enough factor here.
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With many questions hanging over Qatar’s suitability to host the World Cup in 50 degree temperatures, Australia were offered a brief glint of hope that they could re-enter the bidding process.