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Crypto Promises Turn Into Billion-Baht Fraud Allegations

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Crypto Promises Turn Into Billion-Baht Fraud Allegations

A Thai actress’s husband has been accused of orchestrating a huge cryptocurrency investment scam that allegedly drained more than 1.3 billion baht from over 1,000 victims. Complainants said investors were lured in with extraordinary promises, including returns of up to 500 times their original deposits through platforms called WOWBiT and ACET ONLY. Victims claimed they were told to keep their money locked in until March 1, only to find they could not withdraw anything when the deadline arrived. The accused later allegedly blamed hacking and legal issues before leaving Thailand for Dubai. The case has drawn even more anger because some victims said they had planned to use the money for urgent medical treatment.


11 minutes ago, Video News said:

with extraordinary promises, including returns of up to 500 times their original deposits

This raises no red flags ?

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