Thailand Cracks Down on 10K Crypto Accounts and Blocks 437K Illegal URLs

Thailand is cracking down on financial crime by taking significant actions against cryptocurrency platforms and illegal online gambling. Recently, authorities froze over 10,000 crypto accounts suspected of money laundering.

Simultaneously, the government blocked more than 437,000 illegal website URLs, primarily targeting online gambling sites. These initiatives reflect a broader commitment to enhancing financial compliance and reducing illicit activities in the digital space.

Thailand Targets Criminal Networks with Crypto Account Freezes

The Thai government has stepped up scrutiny of cryptocurrency transactions. This has led to the freezing of over 10,000 accounts linked to suspected money laundering activities.

The Thai Securities and Exchange Commission and the Anti-Money Laundering Office back the initiative. It aims to disrupt criminal networks that use mule accounts to transfer illegal funds. Att Tongyai Asavanund, head of KuCoin Thailand, noted that enhanced screening measures have helped operators identify these suspicious accounts more effectively.

New compliance protocols include a temporary transaction lock system for transfers exceeding 50,000 Thai baht. These transactions now undergo a 24-hour hold for further verification.

The "speed bump" approach delays potentially illicit transactions and grants investigators more time to analyze suspicious behaviors. Despite these measures, compliance costs for exchanges are rising.

Thailand Blocks 437K Illegal URLs in Online Gambling Crackdown

In a parallel effort, the Thai government has taken decisive action against illegal online gambling. Authorities have blocked over 437,000 URLs linked to illicit activities. From October 2025 to February 2026, they removed a staggering 362,482 gambling-related websites. Deputy Government Spokesperson Lalida Persvivatana highlighted that, in February alone, 132,842 URLs were blocked across various platforms. This aggressive approach aims to curb illegal gambling and associated crimes in the digital landscape.

The Ministry of Digital Economy and Society has implemented advanced artificial intelligence systems to detect illegal online activities. These tools help analyze data and facilitate swift enforcement actions to keep blocked websites inaccessible.

The crackdown also extends to sites promoting scams, misinformation, and other harmful content.

Enhanced Regulations and AI Strengthen Financial Crime Prevention in Thailand

Thailand's efforts to freeze crypto accounts and block illegal websites underscore a broader regulatory framework aimed at safeguarding financial integrity. Authorities are collaborating with the Bank of Thailand and law enforcement agencies. They share databases to identify high-risk individuals more efficiently. This cooperation enhances the ability to monitor and respond to emerging threats in both the cryptocurrency and online gambling sectors.