DSI Launches 'Black Trace' Operation Against Illegal Bitcoin Mining Network
Thailand's Department of Special Investigation (DSI) has seized assets worth over 185 million baht linked to an illegal cryptocurrency mining operation.
On October 22, 2026, the Thai Department of Special Investigation (DSI) announced the execution of 'Operation Black Trace,' a targeted crackdown on a large-scale illegal Bitcoin mining network. According to Thai Post, the investigation focused on criminal groups involved in the theft of electricity to power mining rigs and the use of nominees to conceal real estate assets.
During the operation, authorities conducted multiple searches and successfully seized assets valued at more than 185 million baht. The DSI stated that these properties were held by nominees to obscure the true ownership of the illicit enterprise.
For residents and travelers, this operation highlights the ongoing government efforts to curb illegal utility usage and financial crimes associated with unauthorized cryptocurrency activities. While the immediate threat of the specific network has been addressed, the broader investigation into the use of nominees for money laundering remains active. It is important to note that the DSI has not yet released the full list of individuals involved or the specific locations of all seized properties. Further details regarding the extent of the network and potential additional arrests are expected as the investigation continues.
