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Fentanyl-linked crypto fraud tied to fake Zksync.jp token: Nikkei

Fentanyl-linked crypto fraud tied to fake Zksync.jp token: Nikkei

A Chinese network suspected of exporting fentanyl precursor chemicals was also linked to a large crypto fraud operated through Japan, according to a Nikkei investigation. 

Summary

  • Nikkei tied a fentanyl-linked Chinese network to Japan-based crypto fraud using a fake Zksync.jp token.
  • The alleged scheme used Japanese domains to gain trust and deceive crypto users worldwide online.
  • Blockchain trails reportedly showed more than 120 transactions involving U.S.-sanctioned entities linked to drug networks.

The report said the group used Japanese internet domains and a fake “Zksync.jp” token to deceive crypto users worldwide.

Nikkei said losses reached hundreds of…

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