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Bitcoin Swindler Has His Passport Revoked After Being Convicted of Money Laundering

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Alex Dovbnya
Thai authorities impounded assets from Jiratpisit “Boom” Jaravijit and his family members. Now, Bangkok Post reports that his elder brother Prinya Jaravijit
Bitcoin Swindler Has His Passport Revoked After Being Convicted of Money Laundering
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On Oct. 9, Thai authorities impounded assets from Jiratpisit “Boom” Jaravijit and his family members. Now, Bangkok Post reports that his elder brother Prinya Jaravijit, who also was involved in a $24 mln Bitcoin scam, has had his passport revoked by the Foreign Ministry of Thailand.

Mr. Prinya, who is currently in the US, does not have a possibility to go back to Thailand and turn himself into the police because of his passport cancellation. From now on, his stay in the US is considered to be illegal.

It is worth mentioning that Mr. Prinya, not his famous younger brother, was the one who pulled off the whole scam. Still, Jiratpisit “Boom” Jaravijit was the first suspect arrested in this case.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.