Deep Tide TechFlow News, on August 23, according to the National Newspaper of Thailand, Thai police arrested a South Korean man for allegedly being involved in a 50 million dollar cryptocurrency money laundering case. The Thai Technology Crime Suppression Division (TCSD) stated that the police arrested the 33-year-old Korean national at Suvarnabhumi Airport in Bangkok on Saturday, where he will face charges of fraud, computer crime, money laundering, and involvement in a criminal organization.

Investigators found that the Korean national coordinated with the immigration office to detain him at the airport checkpoint after arriving in Thailand, and his mobile phone was seized, which contained multiple cryptocurrency accounts related to the money laundering network.