Thai Police Arrest Chinese Suspect in $6.1 Million Bitcoin Fraud Case

Thai immigration police arrested Chinese fugitives at Don Mueang Airport on Thursday morning as he tried to escape to Singapore, ending Manhunt associated with millions of stolen bitcoin.

The man, Tianwei, was arrested on Thursday at 6 o’clock in local time (7pm) at an international departure terminal while trying to board a flight Lion Air SL100, a report report from local news Khaosod English.

The airport has completed months of work that started when two Chinese victims reported that they lost $ 6.15 million (200 million bats) in Bitcoin suspected after a business meeting in the Mae Sai district.

The Provincial Court of Chiang Rai issued an arrest warrant on May 16th. Intelligence reports indicated that Tianwei would try to escape from the country, which encouraged the authorities to warn Don Mueang immigration officials.

The suspect allegedly communicated in English during his arrest. Sergeant Suwaphan Utsaha, commander of a Don Mueang immigration checkpoint, served as an interpreter to inform him of his rights and accusations against him.

Tianwei confirmed his identity and told the servants that he had never been arrested in this case before.

The Thai infamous stop on foreign suspects for fraud means that Tianwei faces a gloomy future, according to Archer Wolfe, founder of the Crypto Consultantial company Mohrwolfe and the former resident of Thailand.

“It is not surprising that Thai immigration continues to tear down the fraud among foreigners – they are known for their hard measures,” Wolfe said Decipher. “However, after doubting you, and get caught, they will dissect your whole life, starting with a smartphone and every conversation you have in it.”

Wolfe predicted sharp consequences, saying that the suspect “would be extradited in China” and “The Thai Government will then retain that bitcoin, unless the excessive fee is paid and simply closed the book.”

Cryptocurrency in Asia

The arrest is due to the regional suppression of the crypto fraud that has been seized by hundreds of millions of seizure assets across Asia.

The Indian Central Investigation Office arrested Delhija Rahul Arora on Tuesday and seized $ 327,000 In cryptocurrencies in cyber crime surgery, targeted and Canadian victims through Spoofing ID and Caller and Social Engineering.

Last month of Vietnamese authorities divorced The Pyramid Pyramid scheme after 200-day investigation, arresting five suspects charged with 185,000 victims of almost $ 400 million.

In February, Thai and Chinese police He joined Arrest two Chinese nationals and take away $ 2.5 million in the amount of Tether’s USDT Stablecoin from a major fraud surgery.

Edited Sebastian Sinclair