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Japan authorities bust $237 million real estate-based crypto scam, Chinese investors involved
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Chinese investors hide land deals in Japan by using cryptocurrency
Cryptocurrency is progressively seizing the media’s attention in 2021 and so are crypto scams. Different scams have hit an all-time high in 2021. From phishing operations to fake ICOs and whatnot, such illicit activities continue to operate in different ways.
Here’s the latest addition to that list, originating from Japan.
<p lang=«en» dir=«ltr» xml:lang=«en»>Tokyo discovered that three Chinese had transferred to Japan to purchase real estate through cryptocurrency（about 230 million USD）. One tax expert said Tokyo should cooperate with China in cracking down on suspicious transfers of cryptocurrency. https://t.co/qg0FDi08GK— Wu Blockchain (@WuBlockchain) November 12, 2021
Tokyo-
Read more on ambcrypto.comAbout this in other media
Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities cryptonews.com /3 years ago
Japanese megabanks join consortium launching yen-based digital currency cointelegraph.com /3 years ago
Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News cryptonews.com /3 years ago
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