November 4, 2026

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Tokyo Police Arrest Eight Men In A Cryptocurrency Pyramid Scheme

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Tokyo Police Arrest Eight Men In A Cryptocurrency Pyramid Scheme
Man holds a glass pyramid in hand

Tokyo police arrested eight men on November 14, 2018, for a cryptocurrency-related pyramid scheme that scammed 6,000 people of 7.8 billion yen (approximately $68.42 million). According to Japanese News company Asahi Shimbun on November 16, 2018, the Tokyo Metropolitan Police Department suspected that the arrested men might have violated the Financial Instruments and Exchange Law as they failed to register their…Read More. The post by Shaurya Malwa appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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