Japanese Police Arrest 18 Participants in Monero Laundering Case

Markets 2025-09-02 11:00

Japanese Police Arrest 18 Participants in Monero Laundering Case

In an unprecedented move within the cryptocurrency realm, Japanese authorities have arrested a group of 18 scammers by scrutinizing Monero transactions.

This significant enforcement action marks the first time Japan's law enforcement agencies have leveraged Monero transactions to unearth criminal activities.

Authorities meticulously analyzed around 900 Monero (XMR)-related money laundering transactions orchestrated by the scam group.

The illegal operations allegedly inflicted approximately 100 million yen ($670,000) in damages. This arrest signifies a pivotal moment in the country’s fight against digital currency-related crime.

According to information provided by Japanese authorities to local media outlet Nikkei, the arrests include the suspected ringleader, Yuta Kobayashi. The group is accused of laundering money using the privacy-focused cryptocurrency Monero and engaging in computer fraud.

This significant breakthrough follows an extensive investigation initiated in August. The probe commenced soon after the establishment of the National Police Agency’s Cyber Special Investigation Unit in April, created to combat the rising tide of cybercrime in Japan.

Share to:

This content is for informational purposes only and does not constitute investment advice.

Curated Series

SuperEx Popular Science Articles Column

SuperEx Popular Science Articles Column

This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.

How do beginners trade options?How does option trading work?

How do beginners trade options?How does option trading work?

This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.

What are the risks of investing in cryptocurrency?

What are the risks of investing in cryptocurrency?

This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.

Bitcoin historical price data and trends

Bitcoin historical price data and trends

This special feature gathers multiple articles on Bitcoin’s historical price data, analyzing past trends, market cycles, and key events that shaped its value. It also explores factors influencing price movements, providing readers with insights into Bitcoin’s long-term performance and market patterns.

Detailed Illustrated Guide to Contract Trading

Detailed Illustrated Guide to Contract Trading

This collection, "Detailed Illustrated Guide to Contract Trading," explains the fundamentals of contract trading, including futures and margin trading. It uses clear illustrations to simplify key concepts, risk management strategies, and order types, making it accessible for both beginners and experienced traders.