Thailand is making some big moves this time.

Police launched simultaneous operations in 22 locations nationwide, with a clear target—the transnational scam networks linked to Cambodian crime syndicates. This operation directly seized assets worth over 10 billion baht, which is about $313 million.

Here's the key point: they mainly focused on four major cases. One of them involves a Sino-Cambodian businessman named Chen Zhi, whose scheme was pretty typical—first laundering dirty money with cryptocurrency, then converting it into various assets. While this kind of operation isn't new in cross-border crime, the scale is definitely significant.

From a law enforcement perspective, Southeast Asia is cracking down harder on crypto-related money laundering. After all, the anonymity and cross-border convenience of digital currencies do provide opportunities for certain gray activities. Now that countries are starting to take joint action, this is a trend worth watching.