NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Former Nissan Boss Paid $500k in Crypto to Evade Corporate Conspiracy

Samuel Wan
Samuel Wan
5 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The son of former Nissan chairman Carlos Ghosn made $500k in crypto payments to help secure the escape of his father from Japanese authorities.

The case goes back as far as November 2018, when police first arrested Ghosn in Tokyo on charges of underreporting his earnings.

Since then, further investigations have turned up a string of other allegations, including using company assets for personal use and false accounting.

Ghosn used crypto to escape Japan

Source: depositphotos.com

According to US federal prosecutors, private security contractor Peter Taylor, with assistance from his father, Michael Taylor, a former US Army Special Forces operative, received payment in exchange for their role in helping Ghosn flee from Japan.

Federal prosecutors claim the Taylors smuggled Ghosn out of Japan in a large container via Kansai International Airport. They managed to circumvent routine inspections to have the box loaded onto a private jet bound for Turkey. Ghosn later caught another private jet to arrive at his final destination, Beruit, Lebanon.

Although Japan and Lebanon are both Interpol members and have had diplomatic relations since 1954, there is no extradition agreement between the two countries.

Prosecutors said Ghosn’s son, Anthony Ghosn, made the $500k crypto payment in addition to a further $862,500 wired to a firm managed by Peter Taylor.

Ghosn Gives His Side of the Story

Since fleeing Japan, Ghosn has continued to maintain his innocence.

In a press conference at the start of the year, Ghosn spoke about his fears of an unfair trial under Japan’s “corrupt, inhumane, anachronistic and hostile” justice system.

Ghosn said he was the victim of an elaborate corporate conspiracy designed to oust him as chairman of the Nissan-Renault-Mitsubishi conglomerate.

“I welcome the opportunity for the truth to come out and have my name vindicated and my reputation restored. I did not escape justice, I fled injustice and persecution… political persecution.”

Brazilian-born Ghosn had a reputation for cost-cutting. His reforms had saved Renault from near bankruptcy in the late 90s through a combination of staff cuts, revised production processes, and parts standardization.

Ghosn went on to say that high ranking Nissan executives were much opposed to deeper ties between Renault and Nissan, a policy which Ghosn was pushing before allegations of his financial wrongdoing came to light.

During Ghosn’s reign, Nissan’s reputation as a reliable manufacturer took a massive hit, both in terms of official industry rankings as well as anecdotally among consumers.

And with increasingly difficult trading conditions, the scene was set for Nissan execs to frame Ghosn.

Global car sales fall spelling trouble for manufacturers. (Source: statista.com)

Motoo Nagai, Chairman of Nissan’s Auditing Committee, refutes Ghosn’s claims saying there is no evidence to support this.

“I know that in books and the media there has been talk about a conspiracy, but there are no facts whatsoever to support this.”

Crypto Gets More Bad Press

Crypto already holds notoriety in the eyes of the general public for its association with criminality.

Even though this story first broke in 2018, only recently has it come out that Peter Taylor received part payment in crypto for his role in helping Ghosn escape Japan.

Reports, such as this, can have the effect of isolating no-coiners from the benefits of cryptocurrency.

Tweet123Share196ShareSend
Samuel Wan
Samuel Wan

Samuel Wan

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

XRP’s Road to $5 Starts With a Dive to $2: $SNORT Presale Ends in 4 Days

What to Know: $XRP is down 20% in the past month, but analysis reveals a path forward to $5. Ripple’s...

Aaron Walker 5 hours ago
Best Altcoins to Buy as XRP ETF Nears Approval and Institutional Buys Peak

Best Altcoins to Buy as XRP ETF Nears Approval and Institutional Buys Peak

What to Know: $XRP has hit a recent low of $1.8 after the October 10 flash crash Institutional investment could...

Aaron Walker 6 hours ago
Crypto airdrop season begonnen - belangrijkste ETH airdrops van 2025 onthuld

SEC voorzitter bullish op crypto – innovatie plan en RWA plan ligt op tafel

In de cryptowereld is er belangrijk nieuws: SEC voorzitter Paul Atkins heeft zich openlijk uitgesproken voor een pro-innovatie koers richting...

Lars Diederiksen 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Ronaldo Marquez 2 hours ago
Ethereum

Bitmine Exec And Crypto Founder Agree That Ethereum Price Is Headed For $10,000, Here’s Why

Scott Matherson 2 hours ago
dogecoin

Dogecoin Price Eyes Major Breakout, Is A Rally To $0.7 All-Time Highs Possible?

Sandra White 4 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の価格予測:強気ダイバージェンスが示す新たな上昇のチャンス

    ドージコイン...

    6 hours ago
  • リップル 今後の見通し:6,300万ドルの売却が発生も、賢い投資家はすでに買い増し開始

    リップル...

    6 hours ago
  • 仮想通貨プレセールで2,380万ドル超を調達した新プロジェクト、次に爆発的成長を遂げる可能性も

    ...

    6 hours ago
  • 仮想通貨おすすめ:市場暴落からの回復に苦戦する中で今注目すべき銘柄

    ...

    7 hours ago
  • イーロン・マスクがドージコインの“エネルギー”を強調、新しい仮想通貨がさらに注目を集める

    ...

    7 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.