RATE Group | Japanese Education Chiefs Charged over Crypto Deal + More News
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Japanese Education Chiefs Charged over Crypto Deal + More News

31 Dec Japanese Education Chiefs Charged over Crypto Deal + More News

Posted at 13:27h in Cryptocurrency News by

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Japanese Education Chiefs Charged over Crypto Deal + More News 101
Source: iStock/D-Keine

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Osaka prosecutors have charged Meijo Gakuin Educational Corporation executives with embezzlement, claiming they over misappropriated local education authority funds. Per Nikkei, a former director allegedly used just short of USD 1 million of funds from a school property sale to buy cryptocurrencies in 2017. Police raided the Meijo Gakuin offices in October this year on suspicion of wrongdoings.

After his bail was denied last week, Ethereum developer Virgil Griffith will be released to his parents’ home in Alabama with some pre-release conditions, per to a Twitter thread by Matthew Russell Lee, founder of Inner City Press. U.S. District Court Judge Vernon Broderick said that there is a USD 1 million bond secured by sister’s and parent’s houses which has to be signed prior the…

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