Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 3

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 3
Chunk 3
---
 settlements, or other legal

proceeding and enforcement-related costs;

• regulatory changes that impact our ability to offer certain products or services;

• the development and introduction of existing and new products and services by us or our competitors;

• system failure or outages, including with respect to our crypto platforms or other third-party crypto

networks;

• breaches of security or privacy;

• inaccessibility of our cryptocurrency exchanges or NFT marketplace due to our or third-party actions;

• our ability to attract and retain talent; and

13

• our ability to compete with our competitors, including ones that offer, or begin to offer, more types of

crypto assets, better transaction and settlement speed, security, or scalability, lower or more favorable

fee structures, or other characteristics attractive to customers.

Cyberattacks and security breaches of our cryptocurrency marketplaces, exchanges, platforms or back-office

systems, or of other cryptocurrency marketplaces, exchanges of platforms, especially those impacting crypto

customers or other 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, our and our customers’ crypto and fiat assets, as well

as information and technology required to access those assets. We have built our reputation, in part, on the premise

that our cryptocurrency platforms offer customers a secure way to purchase, store, and transact in crypto assets. As a

result, any actual or perceived security breach of our systems or those of our third-party providers 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 data protection

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 owed to our customers or third parties as a

result of losses to them or claims by them; and

• adversely affect our business, financial condition and operating results.

Further, any actual or perceived breach or cybersecurity attack directed at other companies in