Friday, June 13, 2025
No Result
View All Result
Ajoobz
Advertisement
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Ajoobz
No Result
View All Result

Five accused of illicit $76M cryptocurrency scam captured in Thailand

2 years ago
in Scam Alert
Reading Time: 2 mins read
0 0
A A
0
Home Scam Alert
Share on FacebookShare on TwitterShare on E-Mail


In an enormous cross-border operation, 4 Chinese language nationals and a Lao citizen have been apprehended over their alleged involvement in a multimillion cryptocurrency rip-off that left a path of devastation and losses amounting to over 2.7 billion baht ($76 million), based on the Cyber Crime Investigation Bureau (CCIB).

Because the Bangkok Put up reported, the fraudulent scheme trapped at the least 3,280 victims by way of a misleading cryptocurrency funding platform referred to as BCH World Ltd.

The victims, who started reporting the fraud to police in November final yr, have been deceived into investing their cash in gold and the cryptocurrency USDT. Additional investigation by the CCIB revealed most of the people operating this fraudulent platform have been linked to different related scams. Their arrest was made attainable by way of a world collaboration involving Homeland Safety Investigation and different worldwide legislation enforcement companies.

Marking a big step ahead on this transnational crime case, the 5 suspects have been charged with public fraud, conspiracy to commit transnational crime, cash laundering, and inputting false info into pc methods.

The Bangkok Put up reported that the Workplace of the Legal professional Normal moved to prosecute the suspects on August 10, with officers from the Anti-Cash Laundering Workplace confiscating properties price 585 million baht belonging to the suspects on September 4.

CCIB spokesman Kissana Phathanacharoen emphasised to the Bangkok Put up that the bureau would proceed contacting victims to make sure they know their rights underneath the legislation. Victims can lodge complaints by way of the CCIB’s hotline or at www.thaipoliceonline.com.

In a broader context, Phathanacharoen cited funding scams as probably the most damaging scams reported to the police. Too typically, victims, lots of whom had invested their life financial savings or taken second mortgages on their properties, have been lured into these schemes by strangers promising excessive, assured returns in brief intervals.

In response to this rising menace, the CCIB is advising the general public to stay vigilant, primarily when coping with on-line platforms and international cellular apps that solicit investments. They additional advocate checking the registration numbers of funding companies and verifying the authenticity of funding web sites by way of www.checkdomain.thaiware.com.

The publish 5 accused of illicit $76M cryptocurrency rip-off captured in Thailand appeared first on CryptoSlate.



Source link

Tags: 76MAccusedcapturedCryptocurrencyillicitscamThailand
Previous Post

India embarks on crafting crypto regulations after ruling out ban

Next Post

Pro-XRP Lawyer John Deaton Reveals The Countries Topping The 75,000 Holder List

Related Posts

Russian crypto CEO charged in 0M laundering scheme tied to US sanctions
Scam Alert

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions

3 days ago
Coinbase data breach spills offline as victims get scam mail
Scam Alert

Coinbase data breach spills offline as victims get scam mail

1 week ago
Crypto ATM scams in Australia cause over AUD 3.1 million in losses
Scam Alert

Crypto ATM scams in Australia cause over AUD 3.1 million in losses

1 week ago
India, Indonesia leads with 30,000 cases
Scam Alert

India, Indonesia leads with 30,000 cases

2 weeks ago
US Treasury sanctions Philippines tech firm over aiding 0 million pig butchering spree
Scam Alert

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

2 weeks ago
US sanctions tech firm tied to multi million dollar crypto scam operations
Scam Alert

US sanctions tech firm tied to multi million dollar crypto scam operations

2 weeks ago
Next Post
Pro-XRP Lawyer John Deaton Reveals The Countries Topping The 75,000 Holder List

Pro-XRP Lawyer John Deaton Reveals The Countries Topping The 75,000 Holder List

Don’t Miss These 5 Events

Don't Miss These 5 Events

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

[ccpw id="587"]
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us
Contact us for business inquiries: cs@ajoobz.com

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In