Odaily Planet Daily reports that a Chinese man suspected of being involved in a scam related to the BHE Exchange cryptocurrency trading platform was arrested in a residential area in Nakhon Sawan Province, Thailand. The man is accused of issuing the token DDO through BHE Exchange and promising investors a 6% annual return and a 20-fold increase within ten years. The platform then shut down, and the responsible person went missing. The case involves approximately 20,000 victims, with losses exceeding $128 million, about 900 million RMB. The man fled China in 2024 and settled in Thailand, frequently changing residences during this period. Thailand has revoked his residence permit, detained him for immigration investigation, and is awaiting his deportation back to China for trial.
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