Interpol arrests 20-year-old in Thailand for laundering $122M from romance scams

Interpol announced it has arrested two people in Thailand for allegedly laundering the proceeds of romance scams with cryptocurrency. One of the suspects, a 20-year-old, is accused of laundering over $122.5 million through a single wallet over a 10-month period. According to Decrypt, the arrests were part of a coordinated crackdown across 97 countries from January to the end of April, which resulted in 5,811 arrests and the seizure of $293 million in illicit assets.