According to Odaily, Thai immigration authorities arrested two Chinese nationals on November 12 in the Rama IX district of Bangkok. The suspects, a 52-year-old man and a 28-year-old woman, are alleged to have conducted a cryptocurrency investment ponzi scheme resulting in losses exceeding 3.2 billion Thai baht, or approximately 600 million yuan. Thai authorities have revoked their residence permits, and repatriation to China for further investigation is underway.

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