Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison. https://www.japantimes.co.jp/news/2025/12/12/world/crime-legal/crypto-crash-do-kwon-15-year-sentence/?utm_medium=Social&utm_source=mastodon #worldnews #crimelegal #dokwon #cryptocurrencies #fraud #us #southkorea
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison. https://www.japantimes.co.jp/news/2025/12/12/world/crime-legal/crypto-crash-do-kwon-15-year-sentence/?utm_medium=Social&utm_source=mastodon #worldnews #crimelegal #dokwon #cryptocurrencies #fraud #us #southkorea
What began the year as one of the best trades in the stock market has, in a matter of months, turned into one of the worst. https://www.japantimes.co.jp/business/2025/12/07/markets/cryptocurrency-trade-collapse/?utm_medium=Social&utm_source=mastodon #business #markets #cryptocurrencies #investments
Binance Holdings faces a lawsuit claiming the cryptocurrency platform "knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. https://www.japantimes.co.jp/business/2025/11/25/tech/binance-lawsuit-hamas-terrorism/?utm_medium=Social&utm_source=mastodon #business #tech #binance #cryptocurrencies #hamas #israel
Japan Exchange Group is considering measures to limit the growth of listed digital-asset treasury companies, as concerns deepen over losses connected to the crypto hoarding frenzy. https://www.japantimes.co.jp/business/2025/11/13/markets/japan-exchange-crypto-regulations/?utm_medium=Social&utm_source=mastodon #business #markets #japanexchangegroup #tse #cryptocurrencies
A Chinese woman who orchestrated a multibillion dollar investment fraud to buy Bitcoin was sentenced to 11 years and 8 months in jail by a London judge. https://www.japantimes.co.jp/news/2025/11/12/world/crime-legal/chinese-bitcoin-uk-crypto/?utm_medium=Social&utm_source=mastodon #worldnews #crimelegal #china #uk #cryptocurrencies
China’s cybersecurity agency accused the American government of orchestrating the theft of about $13 billion worth of Bitcoin, representing Beijing's most recent attempt to attribute major cyberattacks to the U.S. https://www.japantimes.co.jp/news/2025/11/12/world/politics/china-us-13-billion-bitcoin-hack/?utm_medium=Social&utm_source=mastodon #worldnews #politics #china #us #cryptocurrencies #bitcoin
U.S. President Donald Trump has defended his decision to pardon convicted Binance co-founder Changpeng "CZ" Zhao, who pleaded guilty to violating laws against money laundering in late 2023. https://www.japantimes.co.jp/business/2025/10/24/companies/binance-cofounder-trump-pardon/?utm_medium=Social&utm_source=mastodon #business #companies #cryptocurrencies #donaldtrump #changpengzhao
The Financial Services Agency is considering allowing commercial banks to invest in cryptocurrencies, an official has said, as long as they have a structure to properly manage risks linked to the assets. https://www.japantimes.co.jp/business/2025/10/21/tech/fsa-banks-crypto/?utm_medium=Social&utm_source=mastodon #business #tech #fsa #banks #cryptocurrencies #donaldtrump #nomura #daiwa #brokerages #bitcoin
Japan's three megabanks are planning to jointly issue corporate-use stablecoins pegged to legal tender like the yen and the dollar, aiming to promote their use in the country. https://www.japantimes.co.jp/business/2025/10/18/japan-banks-stablecoins/?utm_medium=Social&utm_source=mastodon #business #banks #mizuho #mufg #sumitomomitsui #cryptocurrencies
South Korea will send a special team to Cambodia on Wednesday to discuss cases of fake jobs and scam centers involved in kidnapping dozens of its nationals, officials said a day after Seoul vowed to bring them all home. https://www.japantimes.co.jp/news/2025/10/15/asia-pacific/crime-legal/seoul-cambodia-scam-kidnappings/?utm_medium=Social&utm_source=mastodon #asiapacific #crimelegal #southkorea #cambodia #forcedlabor #fraud #cryptocurrencies
SoftBank Group’s digital payment provider PayPay has taken a 40% stake in Binance’s Japan unit, seeking to capitalize on the country’s booming crypto market. https://www.japantimes.co.jp/business/2025/10/09/companies/softbank-paypay-invests-in-binance/?utm_medium=Social&utm_source=mastodon #business #companies #softbank #paypay #binance #investments #cryptocurrencies
A race by crypto companies to sell tokens pegged to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn that the fast-growing novel products pose risks. https://www.japantimes.co.jp/business/2025/10/08/tech/crypto-tokenize-investor-protection/?utm_medium=Social&utm_source=mastodon #business #tech #cryptocurrencies #investors #wallstreet #stocks #sec
Japan Post Bank says it will issue Tokyo-based DeCurret DCP's digital currency DCJPY backed by yen deposits in fiscal 2026, and hopes that local governments will use it for subsidies and other benefits in the future. https://www.japantimes.co.jp/business/2025/09/02/companies/japan-post-bank-digital-currency/?utm_medium=Social&utm_source=mastodon #business #companies#japanpostbank #banks #cryptocurrencies #currencies
Eric Trump, who recently joined Japanese bitcoin firm Metaplanet as an adviser, appeared at a shareholder meeting in Tokyo to show his support for the company as it approved a ¥130 billion capital plan. https://www.japantimes.co.jp/business/2025/09/02/companies/eric-trump-japan-bitcoin-firm/?utm_medium=Social&utm_source=mastodon #business #companies #erictrump #donaldtrump #cryptocurrencies #metaplanet #bitcoin
On a reclaimed island in Malaysia, crypto and tech entrepreneurs are building software, chomping down Australian ribeye — and getting schooled in a radical blueprint for creating new sovereign states from scratch. https://www.japantimes.co.jp/business/2025/09/01/tech/tech-utopia-malaysia-forest-city/?utm_medium=Social&utm_source=mastodon #business #tech #malaysia #southeastasia #cryptocurrencies #tech #bitcoin #coinbase
Eric Trump plans to visit Tokyo next month as part of his family’s expanding push into the cryptocurrency industry, according to people familiar with the matter. https://www.japantimes.co.jp/business/2025/08/22/eric-trump-japan-september/?utm_medium=Social&utm_source=mastodon #business #erictrump #cryptocurrencies #bitcoin #tokyo #us
South Korean entrepreneur Do Kwon has pleaded guilty to U.S. fraud charges for his role in two cryptocurrencies that lost an estimated $40 billion in 2022. https://www.japantimes.co.jp/business/2025/08/13/tech/do-kwon-guilty-us-fraud-crypto/?utm_medium=Social&utm_source=mastodon #business #tech #dokwon #southkorea #cryptocurrencies #us #fraud
The buying power of Bolivia's currency has cratered as trust in the socialist government nears all-time lows, prompting more and more people to turn to a risky alternative to protect their savings: cryptocurrencies. https://www.japantimes.co.jp/business/2025/08/08/economy/bolivia-crypto-replace-cash/?utm_medium=Social&utm_source=mastodon #business #economy #bolivia #inflation #cryptocurrencies #cashless
Of all the unknowns surrounding the digital wallets sending funds to U.S. President Donald Trump’s World Liberty Financial crypto business, an entity calling itself the Aqua 1 Foundation has become the biggest. https://www.japantimes.co.jp/business/2025/07/14/tech/trump-crypto-mystery-man/?utm_medium=Social&utm_source=mastodon #business #tech #cryptocurrencies #us #donaldtrump #trade #tariffs #republicans