The government is pushing ahead with its crackdown on online threats, having already blocked 62,516 crypto mule accounts, and is reiterating to the public the need to check thoroughly and not believe advertisements claiming high returns with low risk.
Ms. Rachada Thanadirek, Spokesperson of the Prime Minister's Office, revealed that the Prime Minister has instructed all agencies to proactively accelerate the suppression of online crime, with an emphasis on prevention at the source alongside arrests and prosecutions, decisively blocking mule accounts, financial trails, and the communication channels used by fraudsters. The results of joint operations between the Securities and Exchange Commission (SEC), the Ministry of Digital Economy and Society, the Central Investigation Bureau, the Bank of Thailand, and related agencies (as of 31 July 2026) show that 62,516 crypto mule accounts have been frozen, in order to close off the capital markets and digital asset markets from being used as channels for money laundering or supporting financial crime.
The Spokesperson of the Prime Minister's Office further stated that, at the same time, the public sector, the SEC, and the private sector have jointly disseminated fraud warnings about investment scams, reaching large numbers of the public under the cooperation of the Sub-committee on Proactive Public Relations for the Prevention of Technology-related Offences, using channels of the Royal Thai Police, the Department of Provincial Administration, the Public Relations Department, and local government agencies to distribute fraud alerts to the public on a wide scale. In addition, SEC data show that fraudulent investment platforms were blocked 368 times during January–May 2026, a decrease of more than 80 percent compared with the same period of 2025, when blockings numbered 2,162.
Ms. Rachada said that at present, fraudsters are employing a wide variety of tricks, ranging from pyramid schemes and inducements to invest in digital assets, to sending fake links to steal personal information. They frequently use advertising slogans such as "high returns, fast money, low risk," and falsely claim endorsement by celebrities or use forged documents to build credibility and pressure victims into making quick decisions. She therefore warned the public to stop and verify before believing or transferring money, not to click on unfamiliar links, and not to be taken in simply by images of celebrities or depictions of success. Anyone who encounters a suspicious investment solicitation can make inquiries or report a tip-off through the SEC hotline at 1207, press 22. Furthermore, the government is also preparing to add an investment fraud reporting channel through the "Report to the State" feature on the "Tang Rat" application in the near future.
