Crypto Money Laundering Cases in Japan Dramatically Shoots Up 10-Fold

2019-2-28 16:41

Suspicious financial transactions filed by Japan-based cryptocurrency exchanges increased ten times over the previous year, according to the National Police Agency. The central enforcement body said Feb 28 that 7,096 out of the total 417,465 suspected money laundering cases mentioned the use of cryptocurrencies in 2018.

In the period between April and December 2017, the agency had reported 669 of such cases, after it became compulsory for crypto services to report suspicious dirty money transactions under an amended ‘Law for Prevention of Transfer of Criminal Proceeds. ’ Organized Crime, Drugs Peddling, and Whatnot NPA noted that criminals were using a variety

The post Crypto Money Laundering Cases in Japan Dramatically Shoots Up 10-Fold appeared first on CCN

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Money ($$$) на Currencies.ru

$ 0.0004099 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: -2.27 %

Cегодня L: $0.0004099 - H: $0.0004099

Капитализация $18.807k Rank 99999

Доступно / Всего 45.887m $$$

cases money crypto laundering agency transactions shoots

208 +

Источник: ccn.com

cases money → Результатов: 62

1.6% of money laundering cases in Japan involved cryptocurrency in 2018

In December last year, reports suggested Japan had seen over 6,000 money laundering cases that involved cryptocurrency in the first nine months of the year. Well, the trend continued. In the last three months of 2018, financial regulators received another 1,000-plus cryptocurrency related cases, taking the yearly total to 7,096 cases, the Japan Times reports.

2019-2-28 13:00	hard fork
cases japan cryptocurrency laundering money increase months

180 +

Japan: Reported Cases of Crypto-Related Money Laundering Increase 10-Fold in 2018

Over 7,000 cases of suspected money laundering tied to crypto were reported to Japanese police in 2018

2019-2-28 11:49	Fraud
laundering 2018 money reported cases crypto japanese

154 +

Judge Chooses Representative Counsel for QuadrigaCX Creditors

Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal.

2019-2-20 00:52	Law & justice
court judge counsel creditor legal quadrigacx wood

295 +

Wyoming Passes New Friendly Regulations for Crypto Assets

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.

2019-2-15 22:18	Regulation
wyoming assets blockchain crypto digital bill property

300 +

Palestinian Fundamentalist Group Hamas Receives Funding via Bitcoin

In a particularly interesting case study for the consequence of Bitcoin’s global impact, the internationally recognized terrorist group Hamas has announced that it will accept bitcoin to fund itself.

2019-2-5 21:41	Payments
bitcoin hamas group through israeli funding means

284 +

Is Stellar Lumens A Good Investment Or a Very Risky One?

Stellar was piped to be the biggest competitor of Ripple at the start of 2018 with the CEO of Stellar being the Ripple Co-founder, but it hasn’t worked out that way. Stellar is focused on developing markets and has multiple uses cases for its technology, including money remittances and the bank loan distributions to the […] The post Is Stellar Lumens A Good Investment Or a Very Risky One? appeared first on ZyCrypto.

2019-2-2 16:48	XLM
stellar ripple investment lumens good very risky

248 +

This Bitcoin Startup Is Working on Free Speech Alternatives to Patreon

Patreon has been making the case for censorship-resistant money increasingly apparent. The platform allows members to contribute to artists or creators that they support.

2019-1-19 22:15	Startups
platform bitcoin patreon bitpatron account creators content

462 +

Living on Bitcoin Day 1: “That’s Not Going to Work”

“The point is to get people to think about bitcoin, not spend it. I don’t think it’s good for that. It’s not meant to be used like cash,” Jeremy Gardner, founder of Ausum Ventures, advised me.

2019-1-15 17:50	Bitcoin
bitcoin she jeremy had her hill people

489 +

Lightning Network Without Invoices Brings Us Closer to Streaming Money

A new feature for Bitcoin’s Lightning Network (LN) implementation allows users to send funds instantly without needing to first create an invoice. Sphinx Enables ‘New Use Cases’ The latest upgrade, ‘Sphinx,’ which developers describe as being a “work in progress,” is nonetheless already available to anyone.

2019-1-13 21:00
lightning new network without sphinx streaming feature

180 +

British Revenue and Customs Agency Clarifies Law on Crypto Taxes

The British government has recently released a policy paper clarifying the tax laws on crypto assets. This fairly straightforward document was released on Her Majesty’s Revenue and Customs’ (HRMC) website, holding a sundry list of important crypto space terms, the relevant tax codes and points of intersection between the two.

2018-12-21 23:09	Regulation
crypto tax cryptoassets document report assets taxes

307 +

Reported Crypto Laundering Cases in Japan Reach 6,000, Eight Times Higher Than 2017

The National Police Agency (NPA) of Japan has estimated that there were around 6,000 cases of suspected money laundering relating to crypto in the nation in the first three quarters of 2018. This figure is more than eight times that of the final nine months of the previous year.

2018-12-7 02:30	Money Laundering
japan crypto times eight laundering cases reach

238 +

Japanese Cryptocurrency Exchanges Reported 6,000 Suspicious Transactions

Cryptocurrency money laundering cases reported to the Japanese police grew 800% in the first ten months of the year.

2018-12-6 19:04	News
japanese reported cryptocurrency months year grew ten

132 +

Nydia Zhang of the Social Alpha Foundation: Using the Blockchain for Good

As chairman and co-founder of the Social Alpha Foundation (SAF), Nydia Zhang has left a solid mark on the blockchain and cryptocurrency space, though, as a young art student at the University of Washington in 2011, blockchain was far from the direction she saw her life taking.

2018-12-6 18:13	blockchain
blockchain she social space zhang technology saf

545 +

Crypto Media Outlets Report Naked Technology ICO Scammers Receive Arrest Warrant

During 2017 and the beginning of 2018, new Initial Coin Offerings entered the market and started offering tokens to investors. Nevertheless, as the market was growing at very fast rates, new scammers tried to steal users funds and investors’ money creating fraudulent or fake Initial Coin Offerings (ICO). In most of the cases where scammers […]

2018-12-6 15:58	News
scammers new market ico coin investors offerings

218 +

Only 2% of Japan’s 340,000 money laundering cases involve cryptocurrency

Japan’s efforts to regulate the cryptocurrency industry might have come a little later than needed, as the country has seen nearly 6,000 cases of money laundering involving cryptocurrency so far in 2018.

2018-12-6 12:30	hard fork
cases japan cryptocurrency laundering money nearly police

129 +

Coinbase’s Asiff Hirji Thinks We are ‘On the Cusp On Internet’ 3.0 Thanks to Crypto at Money 2020

Blockchain technology and virtual currencies have expanded all over the world allowing for many new implementations and use cases. They are having a deep impact on many different industries and economic areas.

2018-11-29 20:20	Bitcoin Information
coinbase many internet asiff hirji economic areas

197 +

OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America

Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina.

2018-11-15 17:45	Investing
bitcoin okcoin latin argentina america exchange blockchain

475 +

New BitConnect Class Action Combines All Former Suits — And Targets Youtube

According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect.

2018-10-19 22:58	Law & justice
bitconnect scheme suit against action new company

408 +

There’s Another $20K Bitcoin Bubble Coming, Says Vinny Lingham

Bubble-phobic Civic CEO, Vinny Lingham, has been sounding off about blockchain and cryptocurrency at an event in Johannesburg. His address covered mass adoption in the blockchain industry, and the likelihood of another bitcoin bubble.

2018-10-18 20:00
lingham another bubble bitcoin vinny cryptocurrency adoption

169 +

Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing

Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.

2018-10-12 18:06	Regulation
bitcoin said valkenburgh van blockchain roubini technology

438 +

Australia Testing Blockchain-Powered ‘Programmable Money’ for New Payments Platform

Since the introduction of the blockchain, we’ve commonly seen the decentralized technology associated with digital currencies like Bitcoin or Ripple. While those are viable use cases, Australia is looking to innovate on traditional blockchain-based payment solutions.

2018-10-9 20:53	Cryptocurrency News
australia money testing blockchain-powered platform programmable new

206 +

Why Most Platforms Choose to host their ICOs On Ethereum Blockchain Network

Some years back, the only way a start-up company could put up money to fund their business was either to sell shares to the public. In this cases, people who are interested buy the shares and the companies gain money from the selling.

2018-10-2 16:58
money network shares blockchain choose ethereum icos

146 +

Japanese Crypto Consortium Tightens Rules Following Zaif, CoinCheck Hacks

Local Crypto Hacks Spark Action Over the relatively short course of the history of cryptocurrencies and blockchain technologies, Japan-based crypto exchanges have been rather susceptible to hacks in comparison to their European and American counterparts.

2018-10-1 22:43
hacks crypto japanese consortium rules following zaif

206 +

Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins

Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.

2018-9-29 01:06	Digital assets
stablecoins percent stablecoin digital report roughly most

519 +

Battle of the Privacycoins: Zcash Is Groundbreaking (If You Trust It)

Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these system to work, it comes with a significant downside: privacy is often quite limited.

2018-9-25 19:47	Digital assets
zcash privacy shielded bitcoin transaction transactions could

437 +

Crypto Exchanges Don’t Need Licenses in Colorado For Fiat, Positive Development

The State of Colorado recently released a special guidance that will eliminate the need for money transmitting licenses in crypto exchanges in cases when no fiat currencies are being involved. No Fiat Used — No License Needed Only days ago, on September 20th, a new interpretive guidance regarding the Colorado Money Transmitters Act’s applicability was.

2018-9-23 16:26	УС
fiat colorado crypto licenses need exchanges money

229 +

The Good, the Bad and the Ugly Details of One of Bitcoin’s Nastiest Bugs Yet

For well over a year, versions of Bitcoin Core — Bitcoin’s leading software implementation — contained a severe software bug. The bug was fixed with Bitcoin Core 0.

2018-9-22 21:22	Technical
bitcoin bug core attack block nodes chain

384 +

In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts

When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers.

2018-9-21 23:45	Privacy & security
million 2018 cryptocurrency crypto losses theft thefts

521 +

Op Ed: Why Your Financial Advisor Won't Talk to You About Bitcoin

Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.

2018-9-21 19:18	Op-ed
bitcoin advisors financial investment clients cryptocurrency should

866 +

Battle of the Privacycoins: Why Monero Is Hard to Beat (and Hard to Scale)

Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited.

2018-9-15 20:21	Privacy & security
monero privacy bitcoin transaction users transactions coins

516 +

Mt. Gox plaintiffs must take cases to Tokyo to claim lost funds

The Mt. Gox saga appears to be far from over as a Pennsylvania judge has dismissed the case of a claimant on the grounds of a lack of jurisdiction in the case. Mt. Gox user, Gregory Pearce, who was implicated in the Bitcoin exchange’s collapse, submitted a withdrawal request for $5,900.

2018-9-13 12:04	hard fork
gox pearce bank case appears request give

229 +

Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With Registration Failures

In what it deems a first for both enforcement actions, the United States Securities and Exchange Commission (SEC) is charging two entities with registration failures.

2018-9-12 23:36	Regulation
sec unregistered company tokenlot securities digital tokens

387 +

IBM Introduces 'World Wire' Payment System on Stellar Network

IBM has launched a blockchain-based payment system called Blockchain World Wire. According to IBM, the new payment network uses digital currency on Stellar's blockchain to "clear and settle cross-border payments" in near real time.

2018-9-6 23:49	Payments
ibm stellar payment digital financial world network

353 +

Crypto Exchange Changelly Confirms It Can Steal Users’ Monero (XMR)

Changelly Can Withhold XMR If KYC Isn’t Completed Privacy coins, such as Monero (XMR), ZCash (ZEC), Horizen (ZEN), are often the topic of controversy within the cryptocurrency community, as some naysayers claim that these assets directly enable money laundering, terrorist financing and the like.

2018-9-5 00:37	XMR
xmr changelly monero crypto these confirms steal

313 +

Exploited Data, Stolen Money and Advertiser Power: The Internet Needs a Change

In 2017, almost 500 cases of data breaches were reported, totaling to just under 900 million cases of stolen… The post Exploited Data, Stolen Money and Advertiser Power: The Internet Needs a Change appeared first on Invest In Blockchain.

2018-9-4 11:12
stolen data change exploited needs cases internet

177 +

Markets Are Down, But Most Exchanges Are Doing Just Fine

As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.

2018-8-22 22:53	Investing
market percent huobi volume trading exchange bitcoin

901 +

This Crypto Scam Botnet Consists of Over 15,000 Separate Bots

Researchers at Duo Labs have discovered that Twitter is home to at least 15,000 scam bots and have published their findings in a new report. Between May and July of 2018, staff members observed, collected and analyzed nearly 90 million public Twitter accounts that had released over 500 million tweets.

2018-8-9 20:51	#scams
twitter bots accounts botnet scam researchers between

351 +

The evidence of a crack down on tax evasion and cryptocurrency: IRS find culprits at Lordsofcypto

Just recently, there is evidence of a crackdown on tax evasion and cryptocurrency. Agents are now learning blockchain technology to allow them to follow the money through the system. The Internal Revenue Service (IRS) has gathered a specified team of criminal agents to establish tax evasion cases on users of cryptocurrencies like lordsofcrypto, a popular […]

2018-8-2 22:53	News
tax evasion irs agents cryptocurrency evidence gathered

236 +

G20 Sets October 2018 Timeline For Crypto Anti-Money Laundering (AML) Efforts With FATF Help

Back in a March 2018, the members of the G20 countries have decided that it was necessary to look into anti-money laundering policies that can be applied to cryptocurrencies. This decision comes from the multiple cases that previously arose in terms of money laundering, terrorism financing and several of its likes. As per a released […]

2018-7-24 16:50	News
laundering g20 anti-money 2018 multiple cases previously

232 +

G20: Cryptocurrencies are okay, blockchains are great, and money laundering is still a problem

G20 – an international economic consortium with 20 member states including China, France, Germany, Argentina, and Canada – has announced it believes cryptocurrencies pose no significant risk to global financial stability… but they could lead to a series of money laundering violations.

2018-7-23 19:57	Insider
g20 cryptocurrencies significant economy report still money

324 +

Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03
votes voting community vote voters delegates all

1041 +

In Light of Trust Issues, Lucidity Illuminates Digital Advertising Supply Chain

Trust is scarce in the digital advertising industry. Data discrepancies, fraud, and supply chain budget misallocations contribute both to waste and a prevailingly tense environment amongst digital advertising agencies.

2018-7-19 23:18	Uncategorized
digital advertising data chain supply trust technology

217 +

Op Ed: Addressing the Threat of Cryptomining Malware

One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers.

2018-7-18 23:18	Privacy & security
cryptomining attackers attacks malware attack web application

552 +

Promoted: The Future of Online Shopping Is Powered by Spl.yt — A Decentralized E-Commerce Protocol

As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.

2018-7-16 19:45	Bitcoin
e-commerce spl product protocol decentralized online middlemen

701 +

Task Force From Trump Administration Set to Crack Down on Crypto Crime

The U.S. government has created a task force to handle various cases of consumer fraud, including digital currency fraud, cyber-fraud, and money laundering. Enforcement will involve cooperation between an extensive number of government departments and agencies: The President’s order directs the Task Force to invite participation from our law enforcement partners at many departments and […]

2018-7-13 17:07	News
task force fraud departments government enforcement number

285 +

Donald Trump Establishes Executive Order For Consumer Protection From Bitcoin

President of the United States of America, Donald Trump, is alleged to have established an executive order with the US Department of Justice (DOJ) to ensure that cryptocurrency related crime falls as part of a special consumer protection entity within the DOJ.

2018-7-12 14:00	Breaking News
fraud donald executive order doj trump consumer

309 +

Task Force From Trump Administration Set to Crack Down on Crypto Crime

2018-7-12 12:56	Cryptocurrency News
task force fraud set departments government enforcement

241 +

EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.

2018-7-3 23:28	Adoption
report vcs cryptocurrencies cryptocurrency currencies monetary should

761 +

DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts

The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.

2018-6-27 20:26	Law & justice
drug illicit hsi bitcoin investigation trafficking million

565 +

дальше еще 13 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Metaplanet adds 142 BTC to its holdings with $11.3m purchase

Publicly listed Japanese firm Metaplanet has expanded its Bitcoin holdings, now exceeding 1,100 BTC. On Nov. 19, Metplanet announced the acquisition of 124. 117 Bitcoin (BTC) for 1. 75 billion yen (roughly $11.

Japanese crypto exchange Bitbank launches crypto investment firm

Japanese crypto exchange Bitbank has formed its own global investment subsidiary, Bitbank Ventures. The firm will take on projects related to crypto and blockchain technology. According to Bitbank’s press release, Bitbank Ventures will focus on new and rising blockchain projects,…

Hong Kong’s OSL Group acquires Japanese crypto exchange CoinBest

OSL Group has signed an agreement to acquire over 80% of Japan’s FSA-licensed crypto exchange CoinBest, marking its entry into the Japanese crypto market. Hong Kong‘s licensed crypto operator OSL Group has announced plans to acquire an 81.38% stake in…

Metaplanet’s Bitcoin total holdings surpass 1k with latest $10.4m purchase

Tokyo-listed Metaplanet has increased its crypto holdings to over 1,000 BTC, continuing its recent spree of Bitcoin acquisitions. Japan‘s early-stage investment firm Metaplanet has raised its Bitcoin (BTC) holdings to over 1,000 BTC (approximately $67.8 million) following a recent purchase.…

Major Japanese companies want to prioritize Bitcoin and Ether for crypto ETFs

A group of Japanese financial institutions urge the government to focus on major tokens such as Bitcoin and Ether in talks of allowing exchange-traded funds for cryptocurrencies. According to a Bloomberg report, a group of Japanese companies lodged a series…

Metaplanet adopts ‘BTC Yield’ as a key performance indicator

Japanese investment firm Metaplanet has adopted “BTC Yield” as a key performance indicator to assess its Bitcoin acquisition strategy, following in MicroStrategy’s footsteps. In Metaplanet’s notice released Oct.

Japan’s DPP Leader Pledges Crypto Tax Cuts and Regulatory Reforms in Election Bid

The leader of Japan's Democratic Party for the People (DPP) pledges to update digital asset taxes if elected

2019-2-28 16:41

cases money → Результатов: 62

2019-2-28 13:00

2019-2-28 11:49

2019-2-20 00:52

2019-2-15 22:18

2019-2-5 21:41

2019-2-2 16:48

2019-1-19 22:15

2019-1-15 17:50

2019-1-13 21:00

2018-12-21 23:09

2018-12-7 02:30

2018-12-6 19:04

2018-12-6 18:13

2018-12-6 15:58

2018-12-6 12:30

2018-11-29 20:20

2018-11-15 17:45

2018-10-19 22:58

2018-10-18 20:00

2018-10-12 18:06

2018-10-9 20:53

2018-10-2 16:58

2018-10-1 22:43

2018-9-29 01:06

2018-9-25 19:47

2018-9-23 16:26

2018-9-22 21:22

2018-9-21 23:45

2018-9-21 19:18

2018-9-15 20:21

2018-9-13 12:04

2018-9-12 23:36

2018-9-6 23:49

2018-9-5 00:37

2018-9-4 11:12

2018-8-22 22:53

2018-8-9 20:51

2018-8-2 22:53

2018-7-24 16:50

2018-7-23 19:57

2018-7-21 23:03

2018-7-19 23:18

2018-7-18 23:18

2018-7-16 19:45

2018-7-13 17:07

2018-7-12 14:00

2018-7-12 12:56

2018-7-3 23:28

2018-6-27 20:26

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO