Police Arrest Japanese Man Who Bought Bitcoin With Stolen Funds
A Japanese man has reportedly been arrested and charged with computer fraud after allegedly stealing thousands of dollars from a local woman and using the funds to buy bitcoin. Local media reports that 33-year-old Ryota Fujii committed identity fraud by using the unnamed woman’s personal ID information to purchase ¥600,000 (roughly $6,000 at press time) worth of bitcoin by way of a fraudulently obtained credit card. Those sources say it’s the first case of its kind to take place in Japan. The suspect is said to have claimed that he stole the funds in order to settle outstanding debts....
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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....
Hong Kong police have arrested a man accused of stealing $191,085 from a cryptocurrency trader in what turned out to be a bogus transaction. No funds were recovered at the time of the suspect’s arrest and investigations are ongoing to determine if the man had accomplices.
No Funds Recovered
Hong Kong police recently arrested a 24-year-old conman accused of vanishing with a crypto trader’s $191,085 (HK$1.5 million). The con artist now faces a possible ten-year jail term if convicted, a report has said.
According to a South China Morning Post report that....
Japanese authorities have arrested a suspected drug importer who allegedly used bitcoin to pay his Mexican suppliers. According to Channel News Asia, the case is the first of its kind in the country - an arrest for a crime involving both drugs and digital currency. The suspect has been named as 38-year-old Ayumu Teramoto and his arrest was carried out by police forces in Tokyo and Fukuoka. Teramoto is suspected of buying and importing illegal stimulants - terms usually used in the Japanese media to describe cocaine and methamphetamines. Bitcoin payment. The suspect allegedly used ¥3.5m....
October 28, 2015, Former Mt Gox CEO Mark Karpeles was re-arrested for suspicious activity involved with moving embezzled funds to his personal accounts. Japanese media reports again the new arrest of the infamous “Magical Tux” as the “CEO of Bitcoin” and supposedly he had quite the run with Prostitutes during his last release time. Tokyo Police arrested Karpeles for moving USD $1 Million in Yen to his bank account a few months ago leading to the 30-year old’s first arrest. The media in Japan went wild as they recorded the Gox CEO covering his face and some called him the person “in charge”....
Mt. Gox was one of the biggest bitcoin exchange companies in existence, before it got hit by a hack and lost several bitcoin and client funds. Investigations revealed that its CEO Mark Karpeles had tweaked some of the accounts, allegedly to funnel money to his account. Last week, Japanese authorities issued a new arrest warrant against Karpeles over claims that the CEO stole several million dollars from clients, including about $48,000 allegedly spent on a luxury canopy bed. Bitcoin Exchange Bankruptcy. Karpeles has been denying these allegations and is already in custody earlier this....