Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam
![Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam](https://cryptoinvestment.at/wp-content/uploads/2024/08/thailand-extradites-malaysian-businessman-to-china-over-14-billion-cryptocurrency-scam.jpg)
Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks the first extradition under the Thailand-China treaty since 1999. Teow, the founder of MBI Group, is accused of running a pyramid scheme that defrauded over […]