Thailand issues arrest warrant for Chinese businessman Wang Yicheng over $300M crypto laundering network

The case underscores the growing need for international cooperation to combat sophisticated transnational crypto crimes and financial fraud. The post Thailand seeks arrest of fugitive Chinese businessman over illegal crypto mining appeared first on Crypto Briefing.

Thailand's export boom, driven by AI demand and supply chain shifts, signals long-term economic growth but risks over-reliance on electronics. The post Thailand expects record $366B in exports this year as AI boosts electronics demand appeared first on Crypto Briefing.

Thailand's market surge highlights the risks of over-reliance on a single company's success, posing potential volatility for investors. The post Thailand’s stock market leads Southeast Asia as Delta Electronics surges 80% appeared first on Crypto Briefing.

Thailand's DSI says a Chinese "grey capital" network used illegal crypto mining and cash mules to launder more than $300 million a year.

Thailand has expanded a probe into a transnational Chinese criminal network that used illegal crypto-mining to launder over $300 million annually from online scams and gambling. Rigs Seized and Power Stolen Thai authorities have expanded an investigation into illegal cryptocurrency mining networks allegedly run by Chinese financiers that laundered more than $300 million (10 billion […]

The crackdown highlights the need for stricter regulatory oversight to prevent infrastructure risks and financial burdens on local communities. The post Thailand busts illegal Bitcoin mining operation, seizes 315 rigs across five provinces appeared first on Crypto Briefing.

The 26 institutions are Chinese bank branches located in Brazil, Qatar, Thailand, Hong Kong, and Macau, plus China’s branch of Standard Chartered, and will join PBOC’s Cross-border e-CNY Transfer Services (CBETS). The move seeks to increase adoption of the digital yuan’s institutional cross-border payments. China Intensifies Global Digital Yuan Push With New Institutional Partners China […]

Chainalysis says an international law enforcement coalition has dismantled AudiA6, a crypto laundering network tied to ransomware actors, darknet markets, and more than 6,000 mule accounts.