According to reports from Japan's Jiji Press and TBS, Japanese police have arrested six individuals suspected of laundering money for a fraud syndicate using crypto assets. Investigations revealed that the group allegedly handled approximately 91 million yen (around $580,000) in fraudulent funds between February and March 2024, involving about 30 victims. The funds were first deposited into a company bank account, then converted to BTC, transferred overseas as USDT, and finally sent back to the fraud syndicate. The suspects reportedly took a commission of about 1%. https://www.(wublock123.com)/news/japan-police-arrest-osaka-staffing-boss-6-for-crypto-money-laundering-69867