#OperationFoxHunt
**Operation Fox Hunt:** In a groundbreaking international collaboration, Thailand’s Technology Crime Suppression Division has successfully dismantled the notorious FOX Wallet syndicate—with critical support from Binance’s Financial Intelligence Unit. Dubbed Operation Fox Hunt, this swift crackdown exposed a sophisticated network behind a crypto investment scam that led to over 200 victim cases and losses exceeding 200 million Thai baht (more than 6 million USD). With rapid response measures, authorities arrested eight key suspects and seized a cache of illicit assets including cash, luxury vehicles, and even residential property. Binance’s expert tracing of digital wallet transactions underscores its steadfast commitment to elevating security and trust within the global digital asset ecosystem.
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