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
Arthur Hayes Advises Against Bitcoin Investment Until Fed Increases Money Supply

Crypto analyst Arthur Hayes advises against investing in Bitcoin until the Federal Reserve increases money supply.

Roman Storm Set for Retrial on Money Laundering Charges

Federal prosecutors are moving to retry Roman Storm, co-founder of Tornado Cash, on charges of money laundering and sanctions violations.

US Treasury Recognizes Legitimate Uses of Crypto Mixers

This month, the US Treasury informed Congress that crypto mixers have legitimate uses, including protecting consumer privacy.

Bitcoin Emerges as a Safe Haven Amid Geopolitical Tensions

Bitcoin is gaining traction as a preferred safe haven asset during the ongoing Iran-US conflict, according to crypto expert Anthony Pompliano.

Ethereum Reclaims $2,000 Level Amidst Market Recovery

Ethereum has regained the $2,000 level after weeks of volatility, signaling a brief relief for the market.

TRON Becomes Gold Member of Agentic AI Foundation

TRON has officially joined the Agentic AI Foundation as a Gold Member, securing a position on the Governing Board.

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