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Bank of Thailand Warns More Account Freezes Are Incoming
Bank of Thailand Warns More Account Freezes Are Incoming
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BTCCSquare news:
The Bank of Thailand has issued a stark warning that additional bank account freezes are imminent as part of its intensified crackdown on online scams. Millions of accounts tied to fraudulent activities have already been frozen, with authorities signaling no respite in their campaign to recover victims' funds.
This regulatory offensive underscores the growing scrutiny on financial transactions in the digital age. While the measures target traditional banking channels, the implications ripple across the broader financial ecosystem—including cryptocurrency markets that often serve as alternative conduits for fund movements.
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