Thailand Investigates Chinese Network for Alleged $300 Million Crypto Laundering
Thailand's DSI is probing a Chinese network suspected of laundering over $300 million annually through illegal crypto mining and cash mules.
Editorial Staff
1 min read
Updated about 17 hours ago
The Department of Special Investigation (DSI) in Thailand is expanding its investigation into a Chinese network believed to be involved in significant money laundering activities.
This network, described as a 'grey capital' operation, allegedly utilized illegal crypto mining and cash mules to launder more than $300 million each year.
The ongoing probe highlights the challenges authorities face in regulating cryptocurrency and combating financial crimes linked to it.