May 5, 2024

Thailand detains Taiwanese for organizing cryptocurrency scam

Thailand detains Taiwanese for organizing cryptocurrency scam

Thai police detained six Taiwanese residents in Bangkok.According to investigators, they deceived more than 500person through a cryptocurrency investment scam, according to the Bangkok Post.

In addition, the detainees are accused of illegalConducting an exchange business without a license. Four of them were also charged with working without a permit, a fifth with drug-related offences, and a sixth had an expired visa.

The two detainees were wanted on the basis of arrest warrants issued in Taiwan.

During the search, laptops and mobile phones were seized from the group.

Recall that from April 1, 2022, Thai regulators recommended that businesses exclude the acceptance of payments in digital assets.