Ever wonder why so many "tech" and crypto companies in Thailand?
Fraudulent crypto investment schemes directed from Asia known as “pig butchering” have become a global billion-dollar industry. But little is known about those who benefit. Reuters traced at least $9 million linked to such scams to an account registered to a well-connected representative of a Chinese trade group in Thailand.
https://www.reuters.com/investigates/special-report/fintech-crypto-fraud-thailand/