Law enforcement in Thailand just pulled off a massive bust. Authorities froze over $300 million sitting in two Bangkok-based banks—funds allegedly tied to international crime rings running online scam operations. This marks another aggressive move in the ongoing battle against money laundering networks that exploit digital channels. The seized assets reportedly trace back to organized fraud schemes targeting victims across borders. As regulators worldwide tighten their grip on illicit financial flows, this case highlights how traditional banking systems still serve as critical chokepoints for dirty money, even in an increasingly crypto-native world.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
4
Repost
Share
Comment
0/400
LiquidationWatcher
· 8h ago
Alright, alright, the bank freezing assets trick is getting old. It's still the same $300 million, but the real big money has already moved on-chain a long time ago.
View OriginalReply0
MetaverseHobo
· 8h ago
Bro lost $300 million overnight. The bank's method of freezing funds is really ruthless.
View OriginalReply0
SwapWhisperer
· 8h ago
Thirty billion frozen? Traditional banks are the biggest money laundering machines—now it's exposed.
View OriginalReply0
OptionWhisperer
· 9h ago
$300 million frozen. Traditional banks really are the last bastion for dirty money.
Law enforcement in Thailand just pulled off a massive bust. Authorities froze over $300 million sitting in two Bangkok-based banks—funds allegedly tied to international crime rings running online scam operations. This marks another aggressive move in the ongoing battle against money laundering networks that exploit digital channels. The seized assets reportedly trace back to organized fraud schemes targeting victims across borders. As regulators worldwide tighten their grip on illicit financial flows, this case highlights how traditional banking systems still serve as critical chokepoints for dirty money, even in an increasingly crypto-native world.