Thai crypto platforms freeze over 10K accounts on money laundering concerns

Cryptocurrency platform operators in Thailand have frozen more than 10,000 accounts suspected of involvement in illegal money laundering, Cointelegraph reported. The move comes as Thailand’s Securities and Exchange Commission (SEC) and related agencies step up efforts to combat money laundering and fraud involving digital assets. Thai authorities are collaborating with financial and investigative bodies to counter these illicit activities, and an estimated 47,692 suspicious accounts were reportedly frozen in 2025.