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One crypto wallet tied to a 20-year-old fraudster processed over $122M before Interpol closed in

One crypto wallet tied to a 20-year-old fraudster processed over $122M before Interpol closed in

Interpol said a crypto wallet linked to a 20-year-old fraud suspect processed more than $122.5 million over 10 months.

Police in Thailand arrested two people in a money-laundering investigation involving romance-scam proceeds moved through crypto and cross-chain token swaps. The swaps were used to obscure the financial trail, Interpol said in a July 9 account of Operation First Light 2026.

The $122.5 million reflects money that passed through the wallet over 10 months, rather than a balance sitting there at once. Interpol did not identify the wallet, name the assets or chains used, say how much of the total came from theft, or disclose how much Thai authorities recovered.

The case was one part of a coordinated operation spanning 97…

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