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Japanese Cryptocurrency Exchanges Reported 6,000 Suspicious Transactions

Cryptocurrency NewsDec 06, 2018 12:21PM ET
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Japanese Cryptocurrency Exchanges Reported 6,000 Suspicious Transactions

The National Police Agency in Japan registered nearly 6,000 suspicious cryptocurrency transactions in the period from January to October 2018, according to the latest report cited by the local media outlet The Japanese Times.

This figure reflects an 800% increase over the 669 cases reported from April to December in 2017.

While the numbers are shocking, the National Police Agency believes that the growth is caused mainly by technical factors. In April 2017, the Japanese authorities revised the law on the prevention of the transfer of criminal proceed...


This article appeared first on Cryptovest
Japanese Cryptocurrency Exchanges Reported 6,000 Suspicious Transactions
 

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