Thai police bust illegal crypto trading operations

Thai police bust illegal crypto trading operations

Police have arrested five suspects involved in illegal cryptocurrency trading during raids on eight locations in Bangkok and two tourist provinces, with some firms allegedly laundering money for drug and scam networks .

Police Dismantle Illegal Digital Asset Exchange Network Worth Over 14 Billion Baht

Picture courtesy of CIB. The Central Investigation Bureau (CIB) has launched a major crackdown on an illicit digital asset exchange network, unravelling a complex web of unlicensed cryptocurrency transactions valued at more than 14 billion baht. Dubbed Operation Crypto Phantom, the high-profile investigation targeted illegal over-the-counter crypto trading operations catering primarily to foreign clients. Coordinated raids were carried o…

Bangkok Post – Thai police bust illegal crypto trading operations

Five arrests made, eight locations raided in Bangkok, Chon Buri and Phuket PUBLISHED : 24 Apr 2025 at 16:26   Small   Medium   Large Tokens and other items are displayed during a briefing on Thursday following police raids on eight locations linked with illegal cryptocurrency trading in Bangkok, Phuket and Chon Buri. (Photo supplied/Wassayos Ngamkham) Police have arrested five suspects involved in illegal cryptocurrency trading during raids o…

Thai authorities bust illegal crypto trading ring

Thai authorities have busted an illegal cryptocurrency trading ring following raids in Bangkok, Chon Buri and Phuket. The post Thai authorities bust illegal crypto trading ring first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Police crack down on illegal cryptocurrency exchange network - Thai Newsroom

THE Central Investigation Bureau police kicked off “Operation Crypto Phantom” by raiding eight shops in Phuket, Chonburi and Bangkok that were secretly providing digital asset exchange services without going through the authorised exchange centre in order to dodge taxes with this leading to cash flowing to various illegal businesses, Naewna newspaper said today (Apr. […] The post Police crack down on illegal cryptocurrency exchange network appea…

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