Chinese National Arrested in Thailand Over $14M Crypto Ponzi Scheme
Chinese National Arrested in Thailand Over $14M Crypto Ponzi Scheme
A Chinese national has been apprehended in Bangkok in connection with an alleged crypto Ponzi scheme. The illicit operation reportedly defrauded investors of over 100 million yuan, equivalent to approximately $14 million, leading to a police raid and arrest based on a search warrant. The details surrounding the specific cryptocurrencies involved were not disclosed, but the incident highlights ongoing regulatory challenges and criminal activity within the broader digital asset space.
Chinese National Held Over $14M Crypto Ponzi Scheme in Thailand
A Chinese national was arrested in Bangkok on Thursday, after police moved on a search warrant tied to an alleged crypto Ponzi scheme that took in more than 100 million yuan — roughly $14 million. The man, named Liang Ai-Bing, was found […]