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Thai police arrest Chinese suspect tied to alleged $75M crypto crime network

Thai police have arrested a Chinese national in Bangkok who is accused of conducting cryptocurrency and foreign-currency exchanges across more than 133 accounts for an international crime network that allegedly moved $75 million.

Tactical police officers wearing black uniforms, helmets, and face coverings walk in gear along a street outside buildings.
Image: @cryptodotnews

Thai police have arrested a Chinese suspect in Bangkok in connection with an alleged $75 million transnational crime network. Authorities alleged that the individual was involved in operating cryptocurrency and foreign-currency exchanges on behalf of criminal groups, with transactions spanning more than 133 accounts.[2][3][4]

Officers located the suspect hiding inside a luxury Bangkok home. According to reports from crypto.news and Cointelegraph, the suspect was found with forged documents, swapped vehicle license plates, and a visa that had expired more than three years earlier.[1][4]

Key facts

  • Thai police arrested a Chinese suspect in Bangkok linked to an alleged $75 million international crime syndicate.
  • Police alleged the suspect handled cryptocurrency and foreign-currency exchanges for criminal groups across more than 133 accounts.
  • The suspect was discovered hiding in a luxury house in Bangkok.
  • Officers found the suspect in possession of fake documents and swapped vehicle number plates.
  • The suspect had been staying in the country on a visa that expired more than three years prior to the arrest.

Sources · 4 sources

  1. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Thai police arrest Chinese man linked to alleged $75M crypto and FX network Officers found the suspect hiding in a luxury Bangkok home with fake documents, swapped license plates and a visa that had expired more than three years earlier. https://t.co/b3PhP2dtL9

    Open source
  2. CT

    Coin TelegraphArticle ·

    Chinese suspect in $75M international crime network arrested in Bangkok Police alleged the suspect was involved in cryptocurrency and foreign-currency exchanges for criminal groups across more than 133 accounts.

    Open source
  3. CB

    Crypto BriefingArticle ·

    Thai police arrest Chinese suspect tied to alleged $75M crime network in Bangkok The arrest highlights the need for international cooperation in tackling transnational crime and may prompt stricter financial regulations globally. The post Thai police arrest Chinese suspect tied to alleged $75M crime network in Bangkok appeared first on Crypto Briefing .

    Open source
  4. CO

    Cointelegraph@CointelegraphPost on X ·

    🇹🇭 BUSTED: Thai police arrested a Chinese man allegedly behind crypto and FX exchanges for a crime network that moved $75M, found hiding in a Bangkok luxury house with fake documents, swapped number plates and a visa that expired over three years ago. https://t.co/97HVDDl83q

    Open source