❓ Why Is Thailand Suddenly Cracking Global Crypto Crime Better Than Anyone?
🚨 Thailand just delivered two major blows to international scam networks — recovering millions in stolen crypto and exposing how blockchain transparency is becoming a law-enforcement superpower.
🔺 Operation 1: $12M Southeast Asian Scam Network Busted
🇹🇭🤝🇺🇸 Royal Thai Police and U.S. Secret Service recovered $12M in USDT tied to a transnational fraud ring across Southeast Asia.
👮♂️ 73 suspects arrested — including foreign nationals.
🧊 Tether froze stolen funds and helped track wallet flows.
🗣️ CEO Paolo Ardoino: “Blockchain transparency empowers authorities to act quickly and effectively.”
🌍 Tether now works with 290+ agencies, helping freeze $3B+ linked to global cybercrime.
🔺 Operation 2: Phuket Hacker Taken Down After FBI Tip
🕵️♂️ “Operation 293” located an Eastern European hacker hiding in Phuket.
💻 The suspect used malware to steal seed phrases and move funds into USDT & BTC.
🧊 Tether froze the assets; Bitkub traced smart-contract activity.
💰 $432K (14M baht) recovered and returned to victims.
📱 Authorities identified six Thai victims, with losses above 3.2M baht.
🇹🇭 Thailand’s Crypto Crime Crackdown Intensifies
📌 Chinese suspect Liang Ai-Bing arrested for alleged $31M FINTOCH Ponzi
📌 Portuguese national Pedro M. caught in $580M global fraud
📌 “Lungo Company” dismantled after scamming 870+ South Koreans for $15M
Thailand is now both a refuge for cyber-fugitives and a global leader in crypto enforcement.
⚡ Takeaway
🔎 Criminals hide in wallets — but blockchain leaves footprints.
Thailand + Tether + U.S. agencies are proving that crypto forensics can defeat even the most sophisticated global scams. #CryptoCrimes
