Tokyo police arrested eight men on November 14, 2018, for a cryptocurrency-related pyramid scheme that scammed 6,000 people of 7.8 billion yen (approximately $68.42 million). According to Japanese News company Asahi Shimbun onNovember 16, 2018, the Tokyo Metropolitan Police Department suspected that the arrested men might have violated the Financial Instruments and Exchange Law as they failed to register their business operations with the relevant authorities. Suspects Promised Extremely High Returns The Asahi Shimbun reported that the men were accused of soliciting investments in 2017 from February to May from nine ... (full story)