Japanese cyber police identified and arrested scam group leader by tracing XMR flow
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Chinese crypto journalist and blogger Colin Wu has shared news about the Japanese police succeeding, for the first time, in identifying and arresting a cyber criminal by tracing histransactions and analyzing the gathered data. The arrested crypto villain had a team of approximately 20 people, and together they earned more than 100 million yen.According to Nikkei, Japanese cyber police joined forces with other police departments and managed to spot and then arrest a 26-year-old Yuta Kobayashi.
Between June 2021 and January 2022, the scammer group conducted approximately 900 fraudulent transactions missing the credit cards of unaware people. This data was likely stolen using phishing via fake sites and fraudulent emails. Up to now, apart from Yuta Kobayashi, 18 cyber criminals from his team have been taken into custody. Those gang members were hired as they were offered to take “illegal part-time jobs” on social media. All the communication between them and Kobayashi were conducted using high-confidence messenger apps.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017.
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