Japanese institution accused of wrongfully using funds to invest in crypto

Japanese institution accused of wrongfully using funds to invest in crypto

The former chairwoman, board members and other associated people have allegedly used ¥100 million to buy crypto. The results of an investigation into the situation by a third-party panel are expected to be released by the institution soon. Meijo Gakuin Educational Corporation, a Japanese educational institution, is filing a criminal complaint against the firm’s ex chairwoman and other associated people.