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Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam

Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam



Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks the first extradition under the Thailand-China treaty since 1999. Teow, the founder of MBI Group, is accused of running a pyramid scheme that defrauded over […]



Source: https://news.bitcoin.com/thailand-extradites-malaysian-businessman-to-china-over-14-billion-cryptocurrency-scam/

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