#OperationFoxHunt
**Operation Fox Hunt Reveals Fraud Network Bust:** Thailand’s Technology Crime Suppression Division, in tandem with Binance’s Financial Intelligence team, has successfully dismantled the infamous FOX Wallet syndicate. Through Operation Fox Hunt, law enforcement swiftly uncovered a complex fraud network responsible for a crypto scam that defrauded more than 200 victims, culminating in losses of upwards of 200 million Thai baht (over 6 million USD). The operation led to the arrest of eight suspects and the seizure of substantial illicit assets, including cash, luxury automobiles, and property. Binance’s decisive role in tracking digital wallet transactions further reinforces its commitment to fortifying security and maintaining trust across the global cryptocurrency landscape.