OP 22 October, 2024 - 08:07 PM
For the first time in cryptocurrency history, Japanese authorities have arrested a gang of 18 fraudsters by analyzing Monero transactions.
Japanese authorities analyzed about 900 transactions related to money laundering through Monero (XMR), worth approximately 100 million yen ($670,000), which were the result of criminal activity by a fraudster gang.
Japanese authorities told local publication Nikkei that this is the first time in history that law enforcement in the country has used Monero transactions to identify a criminal group.
source : nikkei.com/article/DGXZQOUE211MN0R21C24A0000000/
![[Image: Capture-d-cran-2025-01-13-134003.png]](https://i.ibb.co/yqTM0D0/Capture-d-cran-2025-01-13-134003.png)
Japanese authorities analyzed about 900 transactions related to money laundering through Monero (XMR), worth approximately 100 million yen ($670,000), which were the result of criminal activity by a fraudster gang.
Japanese authorities told local publication Nikkei that this is the first time in history that law enforcement in the country has used Monero transactions to identify a criminal group.
source : nikkei.com/article/DGXZQOUE211MN0R21C24A0000000/