BANGKOK — Two separate cryptocurrency exchange meetings involving Chinese nationals in Bangkok’s Huai Khwang district ended in losses totaling 13 million baht on January 9. Police are investigating both cases, which occurred within hours of each other.
At approximately 3:55 p.m., three suspects fled with 5 million baht ($144K) in a white Toyota Alphard after a failed crypto exchange at a parcel shop in Pracharatbamphen Soi 12. The victim, who brought cash in a black bag, reported that the suspects claimed to have transferred cryptocurrency but no funds were received. Police later tracked a mobile phone left in the stolen bag to Suan Sukkhaphap Taechiu in Yan Nawa district.
In a separate incident at G Tower on Rama 9 Road, four Chinese suspects absconded with 8 million baht ($230K) during another cryptocurrency exchange attempt. Two victims reported that the suspects, working through a Chinese middleman who arranged the meeting, claimed to have transferred cryptocurrency before fleeing with the cash.
Police Colonel Prasopchok Iampinitj, Superintendent of Huai Khwang Police Station, stated that while the two cases don’t appear to be connected, investigators are working to identify the suspects and prevent them from leaving the country. In the second case, police have identified the middleman who arranged the meeting as a key suspect and are determining whether they reside in Thailand.
__________
