Tokyo Police Suspects Mt Gox CEO for Committing Account Frauds
The Tokyo Metropolitan Police is reportedly charging former Mt Gox CEO, Mark Karpeles, on suspicions of committing account frauds. "The Tokyo Department, after finding all the evidences, is planning to file a case against Mark Karpeles," reported Nikkei, a Japanese daily. "There are suspicions that the French CEO misappropriated deposited funds by fulfilling received bitcoin buy orders from fake accounts. The police is also looking into pursuing charges of corporate embezzlement." The ongoing Mt Gox investigation has found many fraudulently-created private electromagnetic records - dummy....
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Israeli police have arrested eight suspects in connection with a cryptocurrency fraud scheme after raiding their homes and seizing evidence. One of the suspects is Moshe Hogeg, a well-known owner of the premier soccer team Beitar Jerusalem Football Club.
8 People Arrested in Crypto Fraud Scheme in Israel
Israeli police arrested eight suspects Thursday allegedly stealing tens of millions of shekels in a cryptocurrency fraud scheme.
The arrests were made after officers from the police’s Lahav 433 anti-corruption unit raided the suspects’ homes and offices.....
Japanese police charged 30 people for their alleged involvement in illegal transactions linked to the well-known $530 million Coincheck hack in 2018. Tokyo authorities traced all individuals’ transactions to different places across the nation. Illicit Transactions Are Estimated to Have Totaled Over $96 Million Initially, Nikkei reported that the suspects were either arrested or their cases have been referred to the prosecutors’ office. However, Kyodo confirmed that all 30 people were arrested and are now under police custody, citing sources familiar with the matter. Police....
Local news sources are reporting that the Tokyo Metropolitan Police will arrest Mark Karpeles on 1st August in connection with its investigation. A representative for the Tokyo police was not available for comment. The Tokyo Metropolitan Police is reportedly pursuing criminal charges against Mark Karpeles, CEO of the now-defunct, Japan-based bitcoin exchange Mt Gox. Domestic news service Nikkei reported on 31st July that, according to an official with the city's police force, Karpeles is being investigated for allegedly using dummy exchange accounts with fictitious bitcoin balances to meet....
The Tokyo Metropolitan Police Department is reportedly actively investigating the disappearance of a large volume of bitcoins from the Mt. Gox exchange, which collapse disastrously earlier this year. "We decided to launch an investigation as we concluded this case could be connected to criminal activity," a spokesperson for the Tokyo Police said on the matter, according to the Wall Street Journal. When the exchange collapsed, Mt. Gox noted in bankruptcy protection filings that they estimated to have lost upwards of 800,000 bitcoins, worth hundreds of millions of dollars. Several weeks....
Ryota Fujii was arrested in Tokyo after using the credit card of a local woman to purchase ¥600,000 yen in bitcoins (approx. $5800 USD in current rates) in January 2016. Fujii also set up a bitcoin wallet with the woman’s identity, by using a photograph of the victim’s driver’s license, according to local publication Tokyo Reporter. Fujii reportedly purported to be a money lender, successfully obtaining information and documentation from the woman. Once he set up a sham account, he transferred the bitcoins to a private account before converting it back to cash. Another regional news outlet....