Thai law enforcement authorities have detained a youthful married duo for their involvement in a significant cryptocurrency fraudulent scheme. Both individuals, identified as Samruay and Amornsiri, aged 29, were taken into custody in Nakhon Ratchasima province. The police alleged that the couple was complicit in establishing bank accounts where funds pilfered from a deceitful cryptocurrency investment ploy were funneled. Cybercrime investigators disclosed that the pair confessed to being remunerated 5,000 baht each for setting up these accounts. To secure access to the accounts for substantial monetary transfers, they had to undergo facial recognition scans in Cambodia. Acting as go-betweens, they assisted in concealing the illicit origins of this money, which was illicitly obtained through cryptocurrency scams before being channeled into their bank accounts. Additionally, authorities have confiscated assets worth more than 125 million baht stemming from cryptocurrency scam incidents as part of the crackdown. The married couple is currently facing charges related to fraud, cybercrimes, and money laundering. The law enforcement bureau cautioned that facilitating financial dealings for criminal organizations may lead to severe legal consequences.
Arrest of Married Couple in Connection with Cryptocurrency Scam

by Giorgi Kostiuk
2 years ago

Other news
Ripple's Share Buyback Reflects Confidence in Blockchain Infrastructure

Ripple's recent share buyback announcement, valued at approximately 50 million, highlights the company's long-term strategy and confidence in the blockchain infrastructure.

Bitcoin Bulls Show Signs of Recovery

Bitcoin has shown a recovery trend with three consecutive green candles, indicating bullish sentiment.

New Editorial Guidelines Seek to Improve Reporting Quality.

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in reporting.

World Liberty Financial Introduces Super Nodes for Token Holders

World Liberty Financial has launched Super Nodes, allowing token holders to gain voting rights and access to WLFI team members by locking 5 million tokens for six months.

Bonkfun Crypto Platform Hacked, Users Exposed to Wallet Draining Exploit

Bonkfun crypto platform confirmed a hack exposing users to a wallet draining exploit.

Surge in XRP Withdrawals from Binance Indicates Long-Term Holding

Surge in XRP withdrawals from Binance indicates long-term holding as investors move coins off trading platforms.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter