A Chinese man was arrested in Bangkok on suspicion of involvement in a $14 million cryptocurrency Ponzi scheme.


 the Thai police arrested Chinese citizen Liang Ai-Bing on Wednesday, who is suspected of being involved in a $14 million cryptocurrency fraud case related to the now-defunct platform FINTOCH. FINTOCH had promised a daily return rate of 1%, falsely claimed to have the support of Morgan Stanley, and even hired actors to play the role of a fake CEO, ultimately running off with the funds in May 2023 (exit scam).