The Thai man was eventually arrested after a six-hour standoff with police, in what police say was domestic violence over bitcoin losses.

UK-registered crypto scam stole $76M from Thai investors

As part of an investigation into the suspects, Thailand’s Anti-Money Laundering Office has seized property worth 585 million baht ($16.5M).

Thailand backs down to crypto backlash, won’t tax transactions at 15%

After pushback from local industry insiders, Thailand has dropped its plans for a 15% crypto tax that would’ve penalized traders.