Thailand crypto mining scam allegedly victimizes 140
A crypto mining site has been accused of stealing as much as $1.34 million from its investors.
Latest Thailand News
Thai stock exchange wants digital assets license for crypto trading
The Stock Exchange of Thailand has announced plans to apply for a digital assets license, which would allow the firm to setup a new authorized cryptocurrency exchange in the country.
Thailand welcomes first crypto exchanges as SEC issues new licenses
Overseen by the Ministry of Finance, the first licenses have been issued to four cryptocurrency exchanges, with two rejected and a further license application still in the balance.
Thailand getting ready for blockchain-powered elections
Thailand is hoping to make voting easier, and voting fraud a thing of the past, by introducing blockchain technology to its voting systems.
Thailand tests blockchain-tracked VAT payments
Thailand’s Revenue Department has begun tests for tracking value-added tax (VAT) payments through blockchain.
Avoid unlicensed crypto exchanges, Thai SEC tells public
The chief financial regulator of Thailand has warned investors to avoid the unregulated Q Exchange, following an order issued to the firm to stop advertising on account of a lack of a sufficient license.
Upbit makes its move into Thai, Indonesian markets
Upbit, one of the biggest cryptocurrency exchanges in South Korea, has reportedly set up a website for crypto exchanges in Thai and Indonesian languages, as part of its attempt to market its trading services to customers in the two Asian countries.
Thai siblings linked to $24M crypto scam plead not guilty
The three siblings arrested in Thailand on allegations of fraudulently tricking a Finnish investor into shelling out over $24 million in cryptocurrency have pleaded not guilty to money laundering charges.
Thai revenue department turns to blockchain for tackling tax avoidance
The revenue department in Thailand has become the latest government body to turn to blockchain technology, after it announced plans for tackling tax avoidance and investigating fraud.
Thai authorities revoke passport of suspect in $24M crypto scam
A suspect involved in a Thailand cryptocurrency scam is unable to return home after the Foreign Ministry of Thailand revoked his passport.
Thai AML body seeks power to seize crypto assets
Thailand’s Anti-Money Laundering Office (AMLO) is looking to expand its powers to allow for seizure of digital assets.
Finnish businessman in $24M Thai BTC scam begins settlement talks
Aarni Otavi Saarimaa, a Finnish businessman who lost 5,564 BTC in a scam in Thailand, is poised to receive compensation after he began the settlement talks with some of the suspects.