Tether Assists Royal Thai Police, US Secret Service in Seizing 12 Million USDT from Scam Network

By: theblockbeats.news|2025/11/19 15:45:54

0

Share

copy

BlockBeats News, November 19th, Tether recently announced that it has supported a "collaborative" international operation involving the Royal Thai Police and the U.S. Secret Service. The operation ultimately seized about 12 million USDT (worth about 4 billion Thai Baht) related to "a large-scale fraud network operating in multiple locations in Southeast Asia."

It is reported that the operation was carried out by the Technology Crime Suppression Division (TCSD) under the Digital Economy and Society (DES) of Thailand and is one of the country's initiatives to combat online fraud and money laundering activities.

The Royal Thai Police stated that law enforcement has arrested "73 suspects, including 51 Thai nationals and 22 foreigners, and seized assets worth over 5.22 billion Thai Baht."

-- Price

You may also like

Reduced to a hacker's ATM yet standing tall, the theft of Venus reflects the awkwardness of DeFi

Reduced to a hacker's ATM yet standing tall, the theft of Venus reflects the awkwardness of DeFi

After experiencing over $100 million in bad debts in at least four incidents, Venus remains the leading player in the lending sector on the BNB Chain, making it a rare "survivor" in the crypto space.

Under geopolitical conflicts, a policy window has opened. Can Hong Kong seize this wave of RWA opportunities?

Under geopolitical conflicts, a policy window has opened. Can Hong Kong seize this wave of RWA opportunities?

The RWA wave sweeps the globe: the scale of on-chain real assets surged fourfold in one year, exceeding 25 billion USD. Hong Kong, backed by the mainland's "going out" policy window, is accelerating the tokenization process of physical assets from entertainment to real estate.

For Web3, this time Cai Wensheng is determined to get his hands dirty

For Web3, this time Cai Wensheng is determined to get his hands dirty

This industry has experienced too many undignified endings; a bull market and a recovery cannot solve the problem. In the end, it will rely on projects that truly succeed and ecosystems that are genuinely established to win a dignified victory for the crypto OGs.

Ethereum Foundation Sets Up a "Dead Man's Switch," Will the Community Buy It?

Ethereum Foundation Sets Up a "Dead Man's Switch," Will the Community Buy It?

The Ethereum Foundation's Manifesto Has Torn the Community Apart: Punk Idealism or Disconnect from Reality?

ConversationArthur Hayes: AI Will Spark Financial Crisis, Wait for Central Bank Money Printing Before Buying Bitcoin

ConversationArthur Hayes: AI Will Spark Financial Crisis, Wait for Central Bank Money Printing Before Buying Bitcoin

「War Means Printing Money, and Printing Money is Good for Bitcoin」

From Power to Chip: How the Average Person Can Participate in the Wealth Opportunities of the AI Era

From Power to Chip: How the Average Person Can Participate in the Wealth Opportunities of the AI Era

Everyone is talking about AI applications, but the real money-maker is the person selling the "shovel."

Venus Exploit Post-Mortem: How to Profit in a Flash Loan Window?

Venus Exploit Post-Mortem: How to Profit in a Flash Loan Window?

Due to Venus's own vulnerability, someone was able to borrow real money using "fake money."

Oil Price Surges, Inflation Rekindled: Will the Fed's Next Move Be a Rate Hike?

Oil Price Surges, Inflation Rekindled: Will the Fed's Next Move Be a Rate Hike?

Affected by geopolitical conflicts and surging oil prices, renewed inflation concerns have arisen. Currently, the derivatives market is pricing in a 25% probability of a rate hike this year.

The Rise of Crypto Passive Income: How Auto Earn Unlocks the Hidden Value of Idle Crypto

The Rise of Crypto Passive Income: How Auto Earn Unlocks the Hidden Value of Idle Crypto

Discover how Auto Earn helps investors turn idle crypto into crypto passive income. Learn why Auto Earn is becoming a popular strategy in the evolving Web3 economy.

Tron Industry Weekly Report: Risk aversion intensifies but Strategy increases BTC holdings, detailed explanation of the Agent payment protocol PAN Network based on x402 and ERC-8004

Tron Industry Weekly Report: Risk aversion intensifies but Strategy increases BTC holdings, detailed explanation of the Agent payment protocol PAN Network based on x402 and ERC-8004

TRON Industry Weekly Report

March 16 Key Market Intel - A Must-See! | Alpha Morning Report

March 16 Key Market Intel - A Must-See! | Alpha Morning Report

1. Top News: Crypto Market Initiates Morning Rebound, Bitcoin Surges Past $73K, Ethereum Surpasses $2200 2. Token Unlock: $ARB

Google's biggest acquisition ever, why Wiz?

Google's biggest acquisition ever, why Wiz?

Cloud War, Extremely Costly.

「1011 Insider Whale」 Agent Garrett Jin: After the Houthi blockade, who will run out of steam first?

「1011 Insider Whale」 Agent Garrett Jin: After the Houthi blockade, who will run out of steam first?

Vulnerability Assessment of the Seven Kingdoms.

Vitalik Revisits Ethereum Beacon Chain Architecture, Claude's Off-Peak Transaction Limit Doubled, What Are English-Speaking Communities Discussing Today?

Vitalik Revisits Ethereum Beacon Chain Architecture, Claude's Off-Peak Transaction Limit Doubled, What Are English-Speaking Communities Discussing Today?

In the past 24 hours, what was the most concerning issue for foreigners?

$90 Million Black Hole: War, Power, and the Crypto-Tragedy of the Middle East

$90 Million Black Hole: War, Power, and the Crypto-Tragedy of the Middle East

$90 Million Burned, Not Stolen, in Apparent On-Chain Political Cleanup Action.

The price difference exceeds 50%, and the pre-market arbitrage market for cryptocurrency stocks will become a new business in the crypto bear market

The price difference exceeds 50%, and the pre-market arbitrage market for cryptocurrency stocks will become a new business in the crypto bear market

In a bear market, what to Buidl? Besides having a counter-cyclical mindset, one must also find the "cracks" in existing services.

How to Trade Crude Oil: Market Volatility Creates New Opportunities for Crypto Traders

How to Trade Crude Oil: Market Volatility Creates New Opportunities for Crypto Traders

Oil prices are back in focus as geopolitical tensions and supply shifts reshape global markets. Learn how crude oil trading works and explore a $30,000 trading campaign on WEEX.

OpenClaw and AI Bots: From AI Trading to BTC Liquidations in the Crypto Gold Rush

OpenClaw and AI Bots: From AI Trading to BTC Liquidations in the Crypto Gold Rush

AI crypto trading bots like OpenClaw and AI trading apps are reshaping digital markets. From BTC liquidations to crypto bubble charts, automated trading is expanding alongside free crypto airdrops, affiliate programs, LALIGA partnerships, and tokenized gold markets.

Reduced to a hacker's ATM yet standing tall, the theft of Venus reflects the awkwardness of DeFi

After experiencing over $100 million in bad debts in at least four incidents, Venus remains the leading player in the lending sector on the BNB Chain, making it a rare "survivor" in the crypto space.

Under geopolitical conflicts, a policy window has opened. Can Hong Kong seize this wave of RWA opportunities?

The RWA wave sweeps the globe: the scale of on-chain real assets surged fourfold in one year, exceeding 25 billion USD. Hong Kong, backed by the mainland's "going out" policy window, is accelerating the tokenization process of physical assets from entertainment to real estate.

For Web3, this time Cai Wensheng is determined to get his hands dirty

This industry has experienced too many undignified endings; a bull market and a recovery cannot solve the problem. In the end, it will rely on projects that truly succeed and ecosystems that are genuinely established to win a dignified victory for the crypto OGs.

Ethereum Foundation Sets Up a "Dead Man's Switch," Will the Community Buy It?

The Ethereum Foundation's Manifesto Has Torn the Community Apart: Punk Idealism or Disconnect from Reality?

ConversationArthur Hayes: AI Will Spark Financial Crisis, Wait for Central Bank Money Printing Before Buying Bitcoin

「War Means Printing Money, and Printing Money is Good for Bitcoin」

From Power to Chip: How the Average Person Can Participate in the Wealth Opportunities of the AI Era

Everyone is talking about AI applications, but the real money-maker is the person selling the "shovel."

Popular coins

Latest Crypto News

21:42

Data: The current unrealized loss of Strategy's BTC position is 1.648 billion USD, and the current unrealized loss of Bitmine's ETH position is 6.604 billion USD

According to on-chain analyst Yu Jin's monitoring, Bitcoin treasury company Strategy (MSTR) purchased 22,337 BTC at an average price of about $70,194 last week, costing approximately $1.568 billion. As of now, the company holds a total of 761,068 BTC, with a holding market value of about $55.962 bil...

21:42

The US, UK, and Canada jointly launched "Operation Atlantic" to combat cryptocurrency phishing scams

According to CoinDesk, law enforcement agencies from the United States, the United Kingdom, and Canada have jointly launched a multinational operation called "Operation Atlantic," focusing on combating "approval-phishing" scams targeting cryptocurrency users.The Ontario Securities Commission stated ...

21:42

Bitfinex: Bitcoin returns above $70,000, institutional accumulation in the range may be brewing a breakout行情

Bitfinex Alpha's latest report indicates that Bitcoin has stabilized above the $70,000 mark ahead of this week's Federal Reserve meeting, with market momentum showing a clear rebound.Although the price has not yet broken through the current range high, the recent net inflow of funds into spot ETFs o...

21:42

Data: The current whale position on the Hyperliquid platform is 3.744 billion USD, with a long-short position ratio of 1.02

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $3.744 billion, with long positions totaling $1.89 billion, accounting for 50.48% of the holdings, and short positions totaling $1.854 billion, accounting for 49.52%. The profit and loss for long positions ...

21:42

Data: Last week, global listed companies net bought 1.57 billion USD in BTC, with Strategy investing 1.57 billion USD to purchase 22,337 bitcoins, an increase of 22.7% compared to the purchase amount last week

According to SoSoValue data, as of 8:30 AM Eastern Time on March 16, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $1.57 billion, an increase of 22.7% compared to last week.Strategy (formerly MicroStrategy) announced on March 16 that...