Chinese men entered the "base camp", revealing how Japanese gangsters use cryptocurrencies to launder money?

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According to the report, the Japanese Financial Services Agency (FSA) stated that Yakuza (collectively known as the Japanese underworld organization) is using digital currency to carry out a large number of money laundering activities and using funds to carry out illegal terrorist activities.mainichirecently,

The media interviewed a Chinese man who used to launder money for underworld organizations. According to the man, he meets with a gang member every month in a bar in Akasaka District, Tokyo. Most of the customers of the bar meet through virtual currency forums or social media, and then meet here.

The Chinese man still remembers being taken to the "money laundering stronghold" of the underworld organization for the first time. In one apartment, eight men and eight women, ranging from computer engineers to students, in their twenties and thirties, stared at a computer screen.

These members first buy bitcoin or ether from illegally obtained income, divide it into small amounts, and deposit it in multiple accounts, and then convert bitcoin or ether into Zcash, Dash and Monero, and then use these digital currencies in the digital currency. Transfer transactions in ten exchanges, and finally get legal cash income. Due to the strong concealment of these three digital currencies, the IDs of both parties to the transaction and the transaction amount are relatively vague, which makes it difficult for regulators to track the source of their transactions, so they have become the digital currency of choice for many criminals to launder money.According to media reports

At present, the amount of money laundered by Japanese underworld organizations has increased significantly. To date, Japanese underworld organizations have transferred more than 270 million U.S. dollars (approximately 29.9 billion yen) overseas. According to the data file of the Chinese man, in June 2016, the total funds of the underworld organizations he served were 29.85 billion yen. Through hundreds of transfers, half a year later, the underworld organization made a profit of 130 million yen.The FSA believes that there are two reasons for the rampant money laundering of underworld organizations.First, for a long time in Japan, there has been a "cooperative relationship" between the police and local underworld organizations

, Even if the police know about the money laundering dens of underworld organizations, they will not report them and participate in the profit sharing. However, the Japanese government recently issued a warning that the police would face prison terms if they collaborated with hackers.Second, in virtual currency transactions, deposits and withdrawals are an important stage to investigate the identity of underworld organizations.

The KYC (know-your-custome) policy of some other exchanges such as bitFlyer is very imperfect, which may help money laundering activities.

"It is almost impossible for Japan to deal with this problem alone," the FSA official explained. "Even if domestic regulation is strengthened, it will still not be enough to combat money laundering, because some funds will be transferred abroad, and it would be best if all G20 countries work together to fight crime."

(I am Yannan, a reporter from Odaily. I am exploring the real blockchain. Please add WeChat nangua421262 for breaking news and communicating. Please note your name, unit, position and reason.)