A Finnish millionaire was cheated with $ 35 million bitcoins from cryptocurrency crooks in Thailand, according to a local report.
The 22-year-old Aarni Otava Saarimaa lost 5,564.4 bitcoins, according to Bangkok Post after inadvertently sending them to scammers in the country.
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Mr Saarimaa believed he was investing in a new cryptocurrency called Dragon Coin, as well as a casino.
A six-month investigation of the Crime Suppression Division (CSD) of Thailand discovered a group of nine people who used cryptocurrency to convert funds into local currency and invest in land.
Among the suspects in the plot there is the soap actor of the twenty-six year old Jiratpisit & # 39; Boom & # 39; Jaravijit, who was arrested by local police during filming in Bangkok, as well as several of his brothers.
"This case is complicated, we have had to carefully examine the documents and trace the money track," said CSD commander Pol Col Chakrit Sawasdee at Bangkok Post .
the accusation of money laundering, we are checking the amount of money with commercial banks only in the accounts of brothers and their relatives and relatives, the money must be frozen and returned to the victims. "
The CSD said that a total of 51 bank accounts were frozen and several plots of land deemed seized with the stolen money were seized.
Investigators say the investigations were complicated by the use of cryptocurrency, which allows tracking the funds through the blockchain but is semi-anonymous by design.
"We had to carefully examine the documents and track the money track," said Chakrit. "It took almost seven months to get approval for arrest warrants."
It is not the first time that local celebrities are involved in cryptocurrency scams, with several Bollywood actors in India involved in a $ 300 million scheme at the start of this year.