Thailand’s Police Arrest Six Taiwanese Nationals Linked to a Crypto Scam
Main page News, Thailand, Cryptocurrency
Hot topic
1 June

The Thai police have arrested six Taiwanese nationals in Bangkok who have allegedly defrauded more than 500 people through a fraudulent crypto investment scheme, the Bangkok Post has reported.

According to the publication, the detainees have been charged with illegally conducting exchange business without a license. Notably, four of them have also been charged for working without a permit, a fifth for drug-related offenses and a sixth for having an expired visa.

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Two of the detainees have arrest warrants issued in Taiwan.

The police have seized laptops and cell phones during the investigation.

Since April 1, Thai regulators have been recommending that companies not accept payments with digital assets.

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