Awesome Job guys

Main TakeawaysBinance assisted the Royal Thai Police in taking down a sophisticated international money-laundering network that relied on digital assets as one of its tools.Operation Skyfall resulted in 28 arrest warrants and seizures that totaled over 46 million THB (around $1.4 million) in cash and other assets.The case once again highlights the importance of public-private partnerships in protecting communities from transnational financial crime.With critical blockchain intelligence from Binance, the Royal Thai Police took down a complex cross-border money laundering scheme operating through digital assets. Codenamed Operation Skyfall, the investigation uncovered an international syndicate that laundered illicit funds through layered blockchain transactions, resulting in 28 arrest warrants and the seizure of over THB 46 million (around $1.4 million) in cash and assets.Binance’s Investigations team worked closely with the Royal Thai Police’s Technology Crime Suppression Division to trace and analyze blockchain activity tied to the syndicate. The resulting intelligence allowed authorities to follow illicit fund flows across multiple jurisdictions and link on-chain activity to identifiable criminal actors.Collaboration as the Key to SuccessAt a press conference announcing the case, the Royal Thai Police detailed the network’s operational methods and outlined the investigative work that led to the takedown. Akbar Akhtar, Binance’s Head of Investigations (Asia-Pacific), also attended, as the Royal Thai Police expressed their appreciation for Binance’s support.Commenting on the joint effort, Col. Chitsanupong Waidee, Superintendent of the Technology Crime Suppression Division, noted that the case demonstrated how modern financial crimes demand modern investigative approaches. “The collaboration with Binance helped us to trace complex cryptocurrency movements that would have been impossible to follow through traditional banking channels alone,” he said, adding that the outcome highlighted the importance of public-private partnerships in safeguarding Thai citizens from sophisticated international fraud schemes.Akbar Akhtar, Head of Investigations (Asia-Pacific) at Binance, said the team was “incredibly proud of the joint efforts between the Binance Investigations team and the Royal Thai Police.” He added, “This ongoing collaboration has delivered concrete outcomes and underscores the fact that real security knows no borders. Our work with Thai law enforcement reflects a shared dedication to protecting the community and strengthening cybersecurity.” He noted that Binance remains committed to working with law enforcement agencies worldwide to help enhance trust in the digital-asset space.Building on a History of CooperationOperation Skyfall is the latest in a series of successful collaborations between Binance and Thai authorities, following Operation Fox Hunt, Operation Cyber Guardian, and Operation Trust No One. Each case reflects Binance’s long-term mission to support law enforcement through intelligence sharing, consultation, and specialized training.Globally, Binance has responded to over 241,000 law enforcement requests and delivered more than 400 training sessions to investigative agencies over the last 8 years. Regional initiatives, such as the APAC Regional Law Enforcement Day, are part of Binance’s broader strategy to raise investigative capabilities and strengthen trust in the digital-asset ecosystem.Final ThoughtsThe results of Operation Skyfall once again demonstrate the impact of strong partnerships in dismantling transnational criminal networks. By working hand-in-hand with authorities, Binance continues to ensure that the transparency of blockchain technology serves as a tool for justice – and that the digital asset industry remains safe for everyone.Further ReadingBinance CEO Meets Taiwan Criminal Investigation Bureau and Receives Commemorative Badge for Anti-Crime AssistanceOperation Deep Hunt: Binance Helps Brazil Police Dismantle $30M Cybercrime NetworkBinance Charity to Airdrop up to $1.2 Million in BNB to Users in the Flood-Affected Area in Southern Taiwan