Tokyo police have arrested eight people who are suspected of creating a cryptocurrency financial pyramid called Sener. According to the Asahi Shimbun, the organizers raised $ 69 million (7.8 billion yen).
It follows From the police reports that the company is not registered with the Financial Services Agency of Japan. In October, 73 people filed for Sener with a claim for damages amounting to $ 3.3 million (370 million yen). According to law enforcement agencies, about 6,000 people participated in the project. Six suspects have already pleaded guilty, two deny.
Also, according to a police report, Sener has invested in cryptocurrency. The organizers promised from 3% to 20% of profits every month, and if investors bring in new participants, the payout percentage will increase.
The company conducted seminars with the involvement of foreign speakers, which were posted on YouTube.