Bitcoin

Thai Man Arrested for $16 Million Cryptocurrency Fraud

Mana Jumuang AKA The Cryptocurrency wizard was arrested yesterday in Bangkok, Thailand for his role in an 500 million baht ($16 Million USD) cryptocurrency exchange fraud. Mana Jumuang was arrested while playing football at a field on Rama IX Road in Huai Khwang district. This was reported by Bangkok Post.

Mana Jumuang is accused of being part of a Thai-Vietnamese criminal group that scammed thousands of victims across at least 10 Asian countries, including South Korea and Vietnam.

Image credited to Bangkok Post.

June G. Bauer

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at june@thecoinspost.com or contact her on Twitter @JuneTBauer1

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