Thailand’s Provincial Electricity Authority dismantled a Bitcoin mining farm in Chonburi for tampering with meters to steal electricity. The sophisticated operation caused losses in the millions and raised concerns about monitoring energy theft amid growing crypto-related crimes.
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Category: Thailand
Thailand Mulls Bitcoin Pilot Project, Binance to Endorse
Binance Thai arm has called for the Bank of Thailand’s oversight, emphasizing that the nation “must not be left behind.”
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Ex-Thai PM Thaksin Shinawatra Urges Government to Embrace Crypto and Sandbox Innovation
Thailand’s former Prime Minister, Thaksin Shinawatra, has called on the government to explore the potential of cryptocurrencies.
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$250K in Crypto Stolen from Ukrainian Man in Thailand, Days After Devcon Warning
Thailand crypto theft incidents are on the rise, as seen in the $250K USDT robbery involving a Ukrainian man. The victim was tied up and forced to transfer funds, exposing the growing risks faced by crypto traders and the urgent need for improved safety protocols within the crypto community.
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Thai Authorities Crack Down on $620K Crypto Fraud Ring
Thai authorities have dismantled a cross-border crypto fraud ring that scammed a woman out of over $620,000, operating through organized schemes involving identity theft and fraudulent investment opportunities across Thailand, Cambodia, and Myanmar.
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Thai SEC Proposes Regulations for Crypto Investment in Mutual, Private Funds
Thai SEC is currently seeking public feedback on revisions to mutual funds’ investment criteria in digital assets.
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Thai Authorities Raid Illegal Bitcoin Mining Operation Amid Power Outage
Authorities in Thailand have cracked down on an illegal Bitcoin mining operation in Ratchaburi following multiple complaints regarding recurring power outages.
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Thailand SEC Launches Digital Asset Sandbox for Testing
The SEC Thailand has officially launched its Digital Asset Regulatory Sandbox for public applications, allowing participants to test and develop innovative digital asset services.
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The untold story of the world’s most resilient currency
The untold story of the world’s most resilient currency