Thailand Arrests 5 in $27M Crypto Investment Fraud Scheme!

Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 11, 2023 19:57

Thailand’s Cybercrime Investigation Bureau has apprehended a gaggle of 5 people, together with 4 Chinese language and one Laotian, for allegedly taking part in a fraudulent cryptocurrency funding scheme. The group is accused of deceiving over 3,200 Thai locals into investing greater than $27 million, making it the biggest loss from fraudulent cryptocurrency investments within the nation. Cointelegraph reported the event.