According to a local news portal, on 9th August, the Bangkok Police arrested a movie actor for being involved in a cryptocurrency money laundering scheme. Jiratpist Jaravijit, a well-known actor, was arrested during filming for a movie at Major Cineplex Ratchyonthin because of an alleged investment fraud of nearly $97 million worth Bitcoin i.e., 797 million baht.
Alongside the on-screen character, his kin and couple of different financial specialists are engaged with the plan. They are blamed for hoodwinking a remote financial specialist, who is recognized to be a Finnish national, Aarni Otava Saarimaa.
They hoodwinked the outsider into sending them Bitcoin [BTC]s by guaranteeing that they would give the complainant partakes in an organization that has put resources into Dragon Coin [DRG]. After the exchange was made through an electronic wallet, the complainant did not get any of the offers or a welcome to be an investor for the organization. Following which, the Finnish speculator documented a protest at the Crime Suppression Division.
It is noticed that the performer has exchanged all the cash to his relatives. The suspects incorporate representatives working at the Stock Exchange of Thailand, the on-screen character’s senior sister and sibling. On 26th July, the criminal court issued a warrant to capture the performing artist under the charge of tax evasion. The police have likewise gotten a warrant to capture the performer’s senior sister and alternate suspects will later be charged for open misrepresentation.
Be that as it may, amid the examination, the suspects did not answer the questions with respect to the fake organization, Dragon Coin. The on-screen character has likewise comprehensively denied the every one of the charges.
Pol Colonel Chakrit said:
“Jiratpisit transferred about 400 million baht of the money to his siblings and the money was loaned out with land as collateral. Officials had impounded assets worth about 200 million baht.”
As of late, Thailand discharged guidelines and controls for digital money and the Thai Securities and Exchange Commission would be accountable for cryptographic money in the nation. The Thai SEC passed 7 digital forms of money which could be exchanged as exchanging sets. This incorporates, Bitcoin [BTC], Bitcoin Cash [BCH], Stellar Lumens [XLM], Ethereum Classic [ETC], Ethereum [ETH], Litecoin [LTC] and XRP [XRP].
Besides, they additionally expressed that every one of the organizations associated with digital currencies essentially, ICOs need to enlist with the commission. The ICOs are required to express the kind of token which is being issued and the venture data. Following which, the Thai SEC saw an application for enlistment from right around 50 ICO projects.