<span style="font-weight: 400">On January 22, 2020, it was brought into public attention that the two suspects, who were involved in the robbery of Bitcoin worth 78 million yen from an overseas cryptocurrency exchange, were arrested by the Tokyo Police.</span>

<span style="font-weight: 400">According to the investigative</span><a href="https://www.japantimes.co.jp/news/2020/01/23/national/crime-legal/bitcoin-thieves-arrested-tokyo-police-78-million/#.Xikq4WhKi1s"> <span style="font-weight: 400">sources</span></a><span style="font-weight: 400">, the cybercrime unit of the Tokyo Police arrested Yuto Onitsuka and Takuma Sasaki, the two suspects, on the computer fraud charges. It was alleged that the two suspects had easy access to the Tokyo based Virtual Currency Management Company account. On October 29, 2018, they stole the bitcoins from the company’s account and transferred it to their foreign and domestic accounts.  </span>

<span style="font-weight: 400">The investigative sources have also told that Onitsuka was the former employee of Virtual Currency Management firm, therefore, he knew its username and password. Although Sasaki was not the employee of the company, it was being assumed that he (Sasaki) might have got the login details from Onitsuka to help him (Onitsuka) in the theft of the bitcoins.</span>
<h2><b>Authorities Concerned About Cybercrime</b></h2>
<span style="font-weight: 400">from the past few years, cybercrime in crypto space has been on the rise. Even in the year 2019, bitcoins worth $2.8 billion, tainted with the crime were laundered via different crypto exchanges. And according to a recent report from <a href="https://www.cryptoknowmics.com/crypto/chainalysis-few-big-crypto-exchanges-continue-reporting-fake-volumes-in-2019/">Chainalysis</a>, Huobi and Binance, the world’s leading crypto exchanges were the ones involved in laundering more than half of those bitcoins. Bitcoin provides anonymity to its users, but its transactions can be easily traced from the public ledger. </span>
<h2><b>Thailand Police Arrests 24 Fugitives In A Cyber Scam</b></h2>
<span style="font-weight: 400">A few months ago, even the Thailand immigration officers arrested 24 fugitives for a scam regarding cryptocurrency in Bankok. During the raid, the Royal Thai Police seized 424 mobiles, 61 laptops and a number of routers. It was reported that the fugitives arrested by the police were duping the Chinese investors into their bogus stock schemes. Although crypto trading was legal in Thailand, the country still lacked the framework for compliance standards. </span>
<h2><b>Singapore Police Investigates Thai Actor In A Bitcoin Ransom Kidnapping Case</b></h2>
<a href="https://www.cryptoknowmics.com/news/thai-actor-under-police-scanner-in-bitcoin-ransom-kidnapping-case"><span style="font-weight: 400">Recently</span></a><span style="font-weight: 400">, the Singapore Police investigated an unnamed Thai actor regarding a kidnapping case in which the kidnappers demanded the ransom in Bitcoin.  According to Singapore Police, the Thai actor was involved in the kidnapping, as the victim has claimed that the truck used by the kidnappers during the abduction belonged to him (actor).</span>

Tokyo Police Arrests Suspect Behind 78 Million Yen Crypto Theft

The two suspects, Yuto Onitsuka and Takuma Sasaki, involved in the robbery of Bitcoin worth 78 million yen were arrested by the Tokyo Police.

Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.

Tokyo Police Arrests Suspect Behind 78 Million Yen Crypto Theft

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