Thai police have arrested two Chinese nationals in Bangkok on Chinese warrants accusing them of running a crypto-related pyramid scheme that Chinese investigators say cost victims more than 3.2 billion baht (about $92 million).

What happened
– On Nov. 12 Thai immigration officers detained a 52-year-old man and a 28-year-old woman—identified in police reports only as Mr. Xu and Ms. Ni—after matching them to arrest warrants issued by public security authorities in Changde, Hunan province on Dec. 18, 2025.
– Investigators traced the pair to a condominium in the Rama IX area of Bangkok after the Chinese Embassy provided warrant details to Thailand’s Immigration Bureau. Police placed the building under surveillance, stopped the suspects…