Thai police, together with Chinese law enforcement, have seized two Chinese fraud ringleaders and frozen USDT crypto assets worth $2.50 million (about 84 million baht) on February 7. • Suspects: Ye Wanyou (29) and Li Weijie (30) • Arrest: On February 5, Thailand's Huamark Police Department and the Cybercrime Task Force (PCT) launched a raid in a high-end residential area of Bangkok. The suspect tried to destroy mobile phone data but was subdued by the police. • Asset Seizure: Initial seizure of $44,550 in cash, followed by the discovery of hidden crypto wallets with the assistance of Chinese police and freezing of $2.50 million USDT. Police investigations have revealed that the gang may be involved in human trafficking along the Myanmar-Thailand border (Mae Sot region in Ta Phnom Penh, Cambodia), as well as in the sale of fake products in Thailand. Bangkok police chief Siam Boonsom announced additional fraud charges and objected to court bail. The investigation is still ongoing to track down more people involved and the flow of funds.