Thai authorities have arrested a South Korea man who has been accused of helping a call center gang launder cryptocurrencies in gold worth more than $ 50 million.
The Technology Crime Suppression Division (TCSD) said Han, 33, was arrested at Bangkok’s Suvarnabhumi Airport on Saturday under a warrant released in February, According to in a report from the country. He faces charges of fraud, computer crimes, money laundering, and participation in a criminal syndicate.
The case comes from a large -scale call center scam that began in early 2024. Preliminary payouts created a false sense of security, but as the deposits increased, backwards were blocked by claiming that investors failed to meet the requirements.
Dose -two complaints later arrived at TCSD, which motivated an investigation that led to the arrest of ten suspects, along with five alleged launderers and five account holders in MULE.
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Thai police cover Crypto accounts
Investigators discovered Han’s arrival in Thailand and contacted the Immigration Bureau to prevent him at the airport checkpoint. His mobile phone, containing multiple Crypto accounts are tied to laundering Network, kidnapped.
According to the report, Han had previously studied in China before joining a company in South Korea who changed cryptocurrencies to gold bars for the scam network. He is said to have managed crypto accounts receiving the victim’s funds, which were used to buy gold from suppliers abroad before being sent back to the syndicate.
Authorities estimated that between January and March 2024, Han’s accounts were processed by nearly 47.3 million USDT (USDT), funneled with gold. Each laundering round has been reported involved in more than 10 kilograms of gold, which costs nearly $ 1 million per transaction.
Han denied parts of the charges but remained with the care as Thai police continue to investigate the broader network.
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Taiwan indicates 14 in the crypto money laundering case
Taiwanese prosecutors has accused 14 individuals They described as the country’s largest case of cryptocurrency money laundering, involving more than 1,500 victims and over $ 70 million in prohibited proceeds.
The Shilin District Office has filed charges for fraud, money -laundering and organized crime, seeking a confiscation of nearly $ 40 million in incorrectly obtained owners.
Authorities also demanded the seizure of 640,000 USDT, unspecified amount of Bitcoin (Btc) and tron (Trx), More than $ 1.8 million cash, two luxury cars and $ 3.13 million in frozen bank deposits.
Prosecutors said the team was washing funds by converting cash to foreign currency and then buying USDT through local exchange of exchange Bixiang before transferring property to foreign countries.
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