[Japanese Police Arrest 6 Suspects for Crypto Money Laundering, Involving Approximately $580,000] Deep Tide TechFlow reports that on October 11, according to Japan's Jiji Press and TBS, Japanese police arrested six individuals suspected of laundering money for a fraud group using crypto assets. Police investigations revealed that the group allegedly handled approximately 91 million yen (equivalent to about $580,000) in fraudulent funds between February and March 2024, involving around 30 victims. The funds were first deposited into a company bank account, then converted to BTC, transferred overseas and exchanged for USDT, and finally sent back to the fraud group. The suspects reportedly received a commission of about 1%.