Arrest of suspected crypto fraudster linked to 580 million USD in stolen assets takes place in Bangkok

Pedro M., the 39-year-old Portuguese suspect, was captured in a luxury mall in Bangkok after evading authorities since 2023. He is accused of multiple scams that targeted investors internationally.

The Thai government is ramping up efforts to crack down on crypto criminals, as seen in recent arrests, including a Vietnamese woman charged with duping over 2,600 victims.

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