Thai Authorities Partner With Private Sector To Recover $432,000 in Stolen Crypto
In November 2025, Thailand’s Cyber Crime Investigation Bureau (CCIB) announced a landmark case in collaboration with Binance, Bitkub, and Tether, resulting in the recovery of approximately 432,000 USDT (over 14 million THB) stolen from multiple Thai victims. The operation represents one of the most successful examples to date of real-time coordination between global exchanges, stablecoin issuers, blockchain analytics, and law enforcement.
TRM Labs is proud to support CCIB, Tether and Binance in this and other investigations. Using TRM’s blockchain intelligence platform, CCIB was able to trace cross-chain flows, map the laundering process, and identify key wallets tied to the perpetrator, ultimately helping authorities secure and…
