Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 35

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 35
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 Whether due to security concerns or due to the other significant risks and volatility associated with investment in crypto assets, a lack of growth in or a drop in demand for trading of crypto assets by Japanese retail investors would adversely affect our growth prospects and results of operations. 17 Cyberattacks and security breaches of our cryptocurrency marketplace or exchanges , or NFT marketplace, or those impacting our customers or third parties, could adversely impact our brand and reputation and our business, operating results, and financial condition. Our business involves the collection, storage, processing, and transmission of confidential information, customer, employee, service provider, and other personal data, as well as information required to access customer assets. We have built our reputation on the premise that our cryptocurrency marketplace and exchanges, and NFT marketplace offer customers a secure way to purchase, store, and transact in crypto assets. As a result, any actual or perceived security breach of systems or those of our third -partypartners may: •harm our reputation and brand; •result in our systems or services being unavailable and interrupt our operations; •result in improper disclosure of data and violations of applicable privacy and other laws; •result in significant regulatory scrutiny, investigations, fines, penalties, and other legal, regulatory, and financial exposure; •cause us to incur significant remediation costs; •lead to theft or irretrievable loss of our or our customers’ fiat currencies or crypto assets; •reduce customer confidence in, or decreased use of, our products and services; •divert the attention of management from the operation of our business; •result in significant compensation or contractual penalties from us to our customers or third parties as a result of losses to them or claims by them; and •adversely affect our business and operating results. Further, any actual or perceived breach or cybersecurity attack directed at other financial institutions or other companies in the crypto industry, whether or not we are directly impacted, could lead to a general loss of customer confidence in the crypto assets, crypto exchanges or in the use of technology to conduct financial transactions, which could negatively impact us, including the market perception of the effectiveness of our security measures and technology infrastructure. Attacks upon systems across a variety of industries, including the crypto industry, are increasing in their frequency, persistence, and sophistication, and, in many cases, are being conducted by sophisticated, well -funded, and organized groups and individuals, including state actors. The techniques used to obtain unauthorized, improper, or illegal access to systems and information (including customers’ personal data and crypto