The Thai authorities arrested a man from South Korea accused of helping in cryptocurrency gang gang center in gold worth over $ 50 million.
The Faculty of Suppression of Technology Crime (TCSD) said that the officers detained 33 -year -old Han, at the airport in Suvarnabhumi in Bangkok on Saturday based on an order issued in February, According to to a report from the nation. He faces fraud, computer crimes, money laundering and commitment to a criminal syndicate.
The case results from the vast Call Center fraud, which began at the beginning of 2024. The victims were lured in “investment capabilities” promising 30-50% of returns. Initial payments created a false sense of security, but as the payments increased, the payments were blocked with the claims that investors did not meet the requirements.
Dozens of complaints finally reached TCSD, which prompted the probe, which has already arrested ten suspects, including five alleged laundry and five mulled bills.
Related: Cryptocurrency washing in real time reveals gaps in Cex gaps
Thai police occupy cryptographic accounts
Investigators discovered Han’s arrival in Thailand and coordinated with an immigration office to stop him at the airport control point. His cell phone, containing many cryptographic accounts related to the washing network, was occupied.
According to the report, Han previously studied in China, before joining the South Korean company, which transformed cryptocurrencies into golden rods for the fraud network. Apparently, he supervised cryptographic accounts, receiving victim’s funds, which were then used to buy gold from foreign suppliers before sending to the syndicate.
The authorities estimate that from January to March 2024, Han’s accounts processed around USD 47.3 million (USDT), leased in gold. Each washing round reportedly covered over 10 kilograms of gold worth about $ 1 million per transaction.
Han denied some accusations, but he remains in custody because the Thai police continues to study the wider network.
Related: The Australian regulator orders the Binance laundry control audit audit
Taiwan accuses 14 in the case of laundering cryptographic money
Taiwan prosecutors accused 14 people of what they describe as the largest case of laundry of cryptocurrency money in the country, covering over 1,500 victims and over $ 70 million in illegal income.
The Shilin District Prosecutor’s Office lodged charges for fraud, money laundering and organized crime, looking for almost $ 40 million in illegally obtained assets.
The authorities also asked to take $ 640,000, undisclosed Bitcoin (BTC) and Throne (TRX) amounts by over $ 1.8 million in cash, two luxurious cars and $ 3.13 million of frozen bank deposits.
Prosecutors said that the group washed the funds, transforming cash into a foreign currency, and then buying USDT through local Bixiang exchange technology before transferring assets abroad.
Warehouse: The Australian regulator orders the Binance laundry control audit audit
