News list for " Police Agency"
The cybercrime investigation unit of the local police department in Busan, South Korea, has filed a non-detention indictment against a gang accused of laundering about 1.10 trillion won (about $756.80 million) through a fake cryptocurrency trading platform used by illegal gambling websites, the Korea Daily reported. The gang allegedly made about 10 billion won (about $6.88 million). From January 2022 to September 2023, they operated five offices in South Korea, developed fake trading websites an...
As of October 21, a joint task force of the Japan National Police Agency's Cyber Special Search Department and nine prefectural police forces, including Saitama Prefectural Police, arrested 26-year-old Yuta Kobayashi, whose address and occupation are unknown, on suspicion of using computers for fraud. Kobayashi is believed to be the ringleader of the gang, with losses believed to exceed 100 million yen (667,100 dollars). The gang misused the highly secretive virtual currency Monero in an attempt...
