South Korean National Arrested for $50 Million Crypto Laundering Scheme in Thailand

Thai police have arrested a South Korean national, Han, on charges of orchestrating a $50 million cryptocurrency and gold laundering operation in the country. The arrest occurred at Bangkok’s Suvarnabhumi Airport, with authorities linking him to the conversion of approximately $47.3 million in USDT into physical gold. This is one of Thailand’s largest reported crypto-related money laundering cases.