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: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • 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: Coinbase Confirms DOJ Investigation Following Major Security Incident

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

Samuel Wan
Samuel Wan
4 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

Ethereum

Ethereum Sees $6 Billion In Tokenized Funds As Big Players Jump In

Ethereum’s smart-contract platform has crossed a major line. According to data shared by Token Terminal on X, the total value...

Christian Encila 1 hour ago
Alternatívna kryptomena k DOGE, ktorá môže zmeniť 650 $ na 65 000 $ za iba 4 mesiace

Alternatívna kryptomena k DOGE, ktorá môže zmeniť 650 $ na 65 000 $ za iba 4 mesiace

Len málo tokenov vyvolalo toľko rozruchu a sympatií ako Dogecoin. To, čo začalo ako vtip, sa vďaka memom, nadšeniu malých...

newsbtc 3 hours ago
Bitcoin price crash

50% Bitcoin Price Crash On The Horizon? Analyst Reveals $60,000 Target

Despite the Bitcoin price holding up quite nicely above $100,000 and remaining very close to its all-time high levels, there...

Scott Matherson 4 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

Ethereum raggiunge i 6 miliardi di dollari in fondi tokenizzati mentre i grandi investitori entrano in gioco.

clararosati 11 minutes ago

Letni zastój na rynku Bitcoina? Niektóre wolumeny najniższe od lat

newsbtc 24 minutes ago

Theta Network Welcomes Prestigious Hongik University as the 21st Academia Customer of EdgeCloud Hybrid

News BTC 1 hour ago

Premium Sponsors

Press Releases

  • ビットコイン23万ドル予測、注目の仮想通貨プレセールにも期待高まる

    ...

    6 minutes ago
  • EU全域でMiCA承認急増──仮想通貨おすすめの新時代到来か?

    ...

    19 minutes ago
  • ドージコイン DOGE に代わる仮想通貨おすすめ銘柄が今年大きな成長を遂げる見込み

    ドージコイン DOGE...

    30 minutes ago
  • こちらがご希望のリライト案です。キーワード「アルトコイン」をタイトルの最初に入れています。

    ...

    54 minutes ago
  • Mobile phone is a mining machine! ETHRANSACTION launches...

    1 hour ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.