Crypto News

5 million in USDT and other assets linked to a major cryptocurrency scam. Thailand-China Operation Leads to Major Crypto Scam Arrests The Thai Immigration Bureau, along with Chinese authorities, arrested two Chinese nationals, Mr. Jianhua Li and Mr. Tao Liu, on Feb. 5 in Thailand. The two were charged with fraud and money laundering after a joint investigation revealed their involvement in a major cryptocurrency scam. The operation was a success thanks to the cooperation between the two countries, and it highlights the growing threat of cryptocurrency-related crimes. Seizure of $2.5 Million in USDT and Other Assets During the joint operation, authorities seized $2.5 million in USDT, a popular stablecoin, and other assets worth over $100,000. This includes luxury cars, bank accounts, and other properties allegedly acquired through the scam. The assets were frozen and will be used as evidence in the ongoing investigation. This seizure is a significant blow t...