Thai authorities bust illegal Bitcoin mining network, uncover links to Chinese criminal groups
Thai justice ministry officials have raided illegal Bitcoin mining operations in Chonburi and Bangkok's Huai Khwang district, seizing assets worth over 185 million baht. The crackdown, codenamed 'BLACK TRACE,' targets an alleged network using illicit electricity for mining and suspects links to Chinese criminal organizations and international scams. Investigations are ongoing into money laundering and illicit financial flows.
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