- Chinese Bitcoin scam suspect Tianwei was arrested at Don Mueang Airport while attempting to flee to Singapore.
- The victims transferred 200 million baht in Bitcoin to Tianwei after a business meeting on April 23 but received no returns for their investment.
A Chinese suspect has been arrested by the Thai police for his role in a major ‘vanishing’ Bitcoin scam worth $6.1 million.
On the 12th of June, a local news outlet, Khaosod English, reported that a Chinese suspect by the name of Tianwei was arrested by Thai immigration police at Don Mueang Airport in Bangkok for his involvement in a major Bitcoin fraud case valued at 200 million baht, which is $6.15 million.
According to the report, the arrest took place early in the morning, at about 6:00 a.m. on the 12th of June. The suspect, Tianwei, was attempting to flee the country on Lion Air flight SL100 to Singapore. Hours before the flight, the officers at the international departure terminal were alerted and were able to identify and detain him before he could leave Thailand.
How the Chinese Suspect Carried Out the Bitcoin Scam
The case officially opened on the 30th of April, 2025, when two Chinese citizens filed a formal complaint through their legal representative at the Mae Sai Police Station in Chiang Rai. The details shared that the victims met with Mr. Tianwei on April 23rd for a business discussion that involved them making Bitcoin transactions.
After getting to an agreement, they transferred about 200 million baht to two different wallets that belonged to Tianwei. However, after the transfers were done, they didn’t receive the returns Tianwei had promised them. Realizing they had been deceived, they decided to take legal action.
Following the complaint, investigators started to work and do some intensive investigations into the case. During the course of the investigation, they were able to gather information on Tianwei, especially that he was served an arrest warrant on May 16 for fraud.
Authorities started to track his movements and got information that he was planning to flee Thailand via Don Mueang Airport. Thai immigration police were immediately notified and positioned themselves at the airport in preparation for his interception.
When officers finally got Tianwei and confronted him, he did not resist his arrest. After verifying his identity, he confirmed that he was indeed the individual named in the arrest warrant and admitted that he had never been detained for this crime before.
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