The crypto underworld strikes again. Thailand nabbed four Chinese nationals, and their Laos sidekick allegedly swindling $76 million through their oh-so-innovative crypto scam, BCH Global Ltd. 🥥
The victims thought they were investing in gold and $USDT. The perps are now facing a smorgasbord of charges, including public fraud and money laundering.
Oh, and let’s not forget the 585 million baht in seized properties. That’s a lot of baht, folks ($16.45 million).
Thailand’s Cyber Crime Investigation Bureau (CCIB) is warning everyone to double-check those investment platforms because a little due diligence wouldn’t hurt. 👍