A Portuguese man associated with a $580M cryptocurrency scam was detained by Thai authorities in Bangkok, after a curious journalist stumbled upon him. On October 2, 2025, a 39-year-old Portuguese man who orchestrated a massive cryptocurrency and credit card scam, estimated at a value of about $580 million, was arrested in a Bangkok shopping mall.  […] The post Crypto News: Thai Police Nab Portuguese Fugitive in $580M Crypto Scam appeared first on Live Bitcoin News.A Portuguese man associated with a $580M cryptocurrency scam was detained by Thai authorities in Bangkok, after a curious journalist stumbled upon him. On October 2, 2025, a 39-year-old Portuguese man who orchestrated a massive cryptocurrency and credit card scam, estimated at a value of about $580 million, was arrested in a Bangkok shopping mall.  […] The post Crypto News: Thai Police Nab Portuguese Fugitive in $580M Crypto Scam appeared first on Live Bitcoin News.

Crypto News: Thai Police Nab Portuguese Fugitive in $580M Crypto Scam

2025/10/04 22:45

A Portuguese man associated with a $580M cryptocurrency scam was detained by Thai authorities in Bangkok, after a curious journalist stumbled upon him.

On October 2, 2025, a 39-year-old Portuguese man who orchestrated a massive cryptocurrency and credit card scam, estimated at a value of about $580 million, was arrested in a Bangkok shopping mall. 

The suspect was named Pedro M., and he had been on the loose since he entered Thailand illegally in 2023. Thai authorities indicated that he was suspected. 

This breakthrough followed when a Portuguese journalist who was on holiday in Bangkok knew him and reported the matter to the immigration officers.

Thai Manhunt Climaxes in Posh Shopping Center

Following the tip-off, police put over 10 plainclothes officers on patrol in the mall and led a five-hour search before eventually detaining Pedro, who looked anxious on a phone call. Immigration books recorded his valid visa stamp as 2023. 

Pedro acknowledged that he had exceeded his tourist visa, and he was accused of visa offences. The police identified and matched him through facial recognition and biometric databases.

Global Criminal Network Exposed

According to Interpol information and the European press, it has been reported that Pedro had large fraud operations in Europe, the  Philippines, and Thailand. He orchestrated Bitcoin investment schemes, credit card fraud, and forgery of passports. 

In one way or another, Swiss bank accounts associated with him transferred more than half a billion (500 million) dollars, including small investors as well as entire financial institutions. 

According to Thai officials, his local Bitcoin scam operations defrauded more than 1 million baht worth of victims at the time he was in Bangkok.

Criminal Justice and International Relations

After the arrest, Pedro will be prosecuted in Thailand and will be added to the immigration blacklist. 

Following the judicial process, he will be deported to Portugal to answer several charges, such as fraud, money laundering, and forgery. 

Portuguese and Interpol officials anticipate following up on the asset recovery associated with the scheme. 

The arrest highlights some of the persistent problems in tracking and fighting cryptocurrency crimes worldwide.

The post Crypto News: Thai Police Nab Portuguese Fugitive in $580M Crypto Scam appeared first on Live Bitcoin News.

Clause de non-responsabilité : les articles republiés sur ce site proviennent de plateformes publiques et sont fournis à titre informatif uniquement. Ils ne reflètent pas nécessairement les opinions de MEXC. Tous les droits restent la propriété des auteurs d'origine. Si vous estimez qu'un contenu porte atteinte aux droits d'un tiers, veuillez contacter service@support.mexc.com pour demander sa suppression. MEXC ne garantit ni l'exactitude, ni l'exhaustivité, ni l'actualité des contenus, et décline toute responsabilité quant aux actions entreprises sur la base des informations fournies. Ces contenus ne constituent pas des conseils financiers, juridiques ou professionnels, et ne doivent pas être interprétés comme une recommandation ou une approbation de la part de MEXC.
Partager des idées

Vous aimerez peut-être aussi

Turning $200 into $5,000 with Solana is over; here’s the best crypto for 2025

Turning $200 into $5,000 with Solana is over; here’s the best crypto for 2025

As Solana (SOL) matures, the rapid short-term gains it once offered are becoming harder to replicate. The early-day investors who saw $200 turn into $5,000 have largely exited that window. Newer entrants in 2025 are looking at high-utility early-stage projects and still provide explosive upside. A crypto that already provides such an opportunity is Little Pepe (LILPEPE)—a meme coin that has a real-life blockchain application. Having sold a record presale and increasing token price, Little Pepe is coming out as a top choice.Little Pepe: Ethereum Layer 2, Zero Tax, Staking, and DAO GovernanceLittle Pepe is an Ethereum-compatible Layer 2 blockchain with a combination of meme culture and real utility. The project features staking rewards, voting in the DAO, and launching memes, and zero taxation is applied to the trading. Future integrations are NFTs and cross-chain compatibility, expanding its possible application. The LILPEPE ecosystem will be designed to ensure that there is a balance between liquidity, reserves, staking, marketing and CEX preparedness with a total supply of 100 billion tokens.$26.3M raised so far: a clear presale trajectorySince launching its presale on June 10, Little Pepe has advanced through 13 stages, steadily increasing in value. Stage 1 began at $0.001, with subsequent stages climbing by $0.0001 per phase. By Stage 13, now active, the token price has reached $0.0022. To date, $26,382,101 has been raised out of a $28,775,000 target. A total of 16,162,317,775 tokens have already been sold from the 17,250,000,000 allocation. Stage 14 will introduce yet another uptick at $0.0023, which will be a 130% increase compared to the price of Stage 1. This continued flow has placed early investors near breakeven or gaining even before the presale ends, thus showing strong momentum and interest.$777,000 giveaway now live for presale contributorsA $777,000 giveaway is currently live to celebrate the presale. Ten winners will receive $77,000 each in $LILPEPE tokens. To enter, participants must contribute at least $100 to the ongoing presale. The promotion is active during presale stages only and also includes random big buyer rewards (15+ ETH) between Stages 12 and 17.Little Pepe presents a new investment window that mirrors the early Solana days. The project shows actual blockchain value with a fast-moving presale, the Layer 2 architecture, zero tax on trading, staking, governance of the project through DAOs, and future NFTs. According to the present momentum and tokenomics, LILPEPE has all the potential to become one of the most successful crypto assets in 2025.For More Details About Little PEPE, Visit The Below Link:Website: https://littlepepe.comThe post Turning $200 into $5,000 with Solana is over; here’s the best crypto for 2025 appeared first on Invezz
Partager
Coinstats2025/10/05 00:54
Partager
A New Era of Cloud-Based Wealth: Pioneerhash Ignites a Global Investor Frenzy!

A New Era of Cloud-Based Wealth: Pioneerhash Ignites a Global Investor Frenzy!

With the rapid development of the digital economy, the global capital market is undergoing profound transformation. Emerging technologies such as cloud computing, blockchain, and artificial intelligence are reshaping the financial landscape. At the intersection of technology and capital, a dazzling new star—PioneerHash—is rapidly emerging, garnering significant attention from global investors. Exploring the New Frontiers of Digital Assets PioneerHash is an innovative technology company specializing in decentralized computing networks and cloud-based digital asset management. Leveraging its leading technical architecture and high-performance computing platform, PioneerHash provides users with a one-stop solution from mining and asset custody to diversified income generation. Unlike traditional mining platforms, PioneerHash has built a highly transparent, traceable, and trustless ecosystem, significantly lowering the investment barrier and allowing ordinary users to easily participate in the digital asset “wealth-making machine.” An Accelerator of the Cloud Economy As a leader in the “Cloud Wealth” era, PioneerHash not only provides personalized computing power rental services but also incorporates an AI-powered scheduling system to optimize resource allocation, significantly improving computing power utilization efficiency and user returns. Whether you’re a cryptocurrency novice or a seasoned digital asset player, PioneerHash’s platform can find a product combination that suits your needs. Furthermore, the platform utilizes multiple encryption technologies and blockchain record keeping mechanisms to ensure the security of user assets, providing peace of mind and control over every investment. Global Presence Sparks Investor Enthusiasm Since its launch, PioneerHash has rapidly expanded to multiple markets, including North America, Europe, and Southeast Asia, with over one million registered users and a continuously increasing number of daily active users. Its efficient operational mechanisms, stable returns, and open partnership model have attracted investors and industry institutions from around the world. How to Get Started with Pioneer Hash? 1. Visit the official website: https://pioneerhash.com/ and register to receive a $15 new user bonus. 2. Deposit (supports USDT, BTC, ETH, XRP, DOGE, and other cryptocurrencies) Select a suitable mining contract (Click here to visit the official website for more details on high-yield contracts) 4. Wait for daily profits to be automatically deposited into your account. Withdraw or reinvest at any time. Embrace the future with PioneerHash In this new era where “computing power equals wealth,” PioneerHash is more than just an investment; it’s a brand new lifestyle for the future. It symbolizes mastering the digital world. Visit the Pioneer Hash official website now to begin your journey to wealth. Official Website: https://pioneerhash.com Contact: info@pioneerhash.com This article is not intended as financial advice. Educational purposes only.
Partager
Coinstats2025/10/05 01:45
Partager