Five accused of illicit $76M cryptocurrency scam captured in Thailand

In a massive cross-border operation, four Chinese nationals and a Lao citizen were apprehended over their alleged involvement in a multimillion cryptocurrency scam that left a trail of devastation and losses amounting to over 2.7 billion baht ($76 million), according to the Cyber Crime Investigation Bureau (CCIB).

As the Bangkok Post reported, the fraudulent scheme trapped at least 3,280 victims through a deceptive cryptocurrency investment platform called BCH Global Ltd.