Thai immigration police have arrested a 37-year-old Chinese man accused of exchanging cryptocurrency and foreign currency for a laundering network linked to more than 500 million yuan in transactions.
Summary
- Police linked the alleged laundering network to more than 133 bank accounts.
- Investigators accused Wu of exchanging cryptocurrency and foreign currency for criminal groups.
- Thai officers charged him with overstaying his permission by nearly four years.
- Authorities plan to coordinate his return to China over an outstanding arrest warrant.
The Nation reported on Oct. 17 that investigators detained the suspect, identified only as Wu, at a luxury housing estate…
