đ¨ Crypto Crime Busted in Japan! đ¨
- For the first time, Japanese authorities nabbed 18 scammers by cracking Monero (XMR) transactions.
- The gang, led by Yuta Kobayashi, laundered around 100 million yen ($670,000) using this privacy-focused cryptocurrency.
- This historic bust was achieved by analyzing 900 Monero transactions, a first for Japan's law enforcement.
- The investigation kicked off in August, thanks to the newly-formed Cyber Special Investigation Unit.
Stay tuned for more updates as this story unfolds!