Hacking News
Chinese launderer arrested in Bangkok with $75M network
Thai police arrested a 37-year-old Chinese man in Bangkok for running an international money laundering network that moved over 500 million yuan. The network used crypto and FX exchanges for criminal groups, with more than 133 accounts involved. The man allegedly used forged documents and expired visas to evade authorities. Authorities plan to prosecute him in Thailand and extradite him to China to face the outstanding warrant.