PANews, June 25 – According to Reuters, Thailand’s Department of Special Investigation (DSI) under the Ministry of Justice has issued an arrest warrant for Chinese businessman Wang Yicheng, accusing him of laundering money for online scams and online gambling through illegal cryptocurrency mining, as well as suspected theft and violations of the Computer Crime Act. The DSI stated that the illegal mining network it investigated stole electricity worth approximately $28 million, making it one of the largest cases in recent years. Wang is described as a key figure among a group of Chinese investors, previously served as vice president of the Thai-Asian Economic and Trade Association, and maintained close ties with high-ranking Thai political and police officials. U.S. law enforcement agencies also view him as a suspect in digital asset fraud and seized about $500,000 in crypto assets from accounts in his name in 2023.