At 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.