Crypto Crime In Thailand Could Escalate Amid A Lack Of Qualified Personnel

Although criminal activity related to cryptocurrency remains low, a new report urges caution. The report expects crypto crime in Thailand to escalate in the coming months. There is a serious lack of professionals with requisite knowledge on the blockchain technology, Bangkok Post reports. The dearth of the professionals implies a poor readiness to fight cybercrime.

The report came to light on Thursday during a seminar that brought together authorities in Justice and Crime sectors. Thailand Institute of Justice (TIJ) and the United Nations Office on Drugs and Crime (UNODC) made the seminar possible. Although these organizations cite other crimes as pervasive, cryptocurrency crime will likely follow suit. At the moment, they report rampant “money laundering, ID cards and travel document forgery, credit card information theft, call center scams, and drug smuggling.”

The reports expects crypto crime in

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