Thai Authorities Arrest 5 For $27 Million Cryptocurrency Investment Scam

Thai authorities arrested 5 foreign nationals for running a fraudulent crypto investment platform.
Over 3,200 victims lost more than $27 million worth of Thai currency.
The scam platform claimed to offer cryptocurrency investments.
The arrests followed investigations by Thai and U.S. authorities.
Thailand plans to increase regulation of crypto firms to better protect investors.

cointelegraph.com

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Posted 9/11/2023, 2:05:30 PM