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Thai police shut down 100+ Worldcoin sites, arrested operators for unlicensed crypto activity amid fraud and money laundering concerns.
Thai authorities raided over 100 Worldcoin iris-scanning sites, arresting individuals for operating an unlicensed digital asset business under Thailand’s Emergency Decree.
The Securities and Exchange Commission and Cyber Crime Investigation Bureau cited risks of fraud and money laundering, warning the public against using unauthorized platforms.
Worldcoin, which issues WLD tokens tied to biometric ID verification, denies the arrested individuals were affiliated with the company.
The crackdown follows similar actions in Colombia and the Philippines, as Thailand expands its biometric registration network despite regulatory scrutiny.
La policía tailandesa cerró más de 100 sitios de Worldcoin, arrestó a los operadores por actividades criptográficas sin licencia en medio de preocupaciones por fraude y lavado de dinero.