Thailand’s cyber police announced on Monday that they have secured money‑trail data from three domestic cryptocurrency exchanges linking a total of about $113,000 to the Curaçao‑registered online casino Shuffle.com. The data, which covers more than 400 transactions involving 44 individuals, will be used to build cases against Thai participants before any action is taken against the offshore operator, according to a briefing by Police Major General Siriwat Deepho.

Exchanges cooperate, data details revealed

The exchanges—identified by lawmakers as Bitkub, Maxbit and Binance TH (operated by the Gulf Binance joint venture)—provided on‑chain information that shows funds moving in and out of Shuffle.com. Gulf Binance flagged two wallets tied to the 44 users, with the total flow amounting to roughly 3.8 million baht ($113,000). Siriwat emphasized that the exchanges themselves are not accused of wrongdoing; rather, the data helps trace illicit gambling activity.

Because Shuffle.com is based abroad, Thai authorities are invoking Section 5 of the criminal code, which allows prosecution of offenses committed outside Thailand that affect the country. Siriwat said the police have already organized 80 task‑force teams to investigate and that an operational raid is imminent. The Department of Special Investigation is also considering treating Shuffle as a special case and will involve the Securities and Exchange Commission in upcoming proceedings.

Political scrutiny and broader context

The investigation follows a parliamentary hearing in which lawmakers questioned the police’s earlier inaction despite having transaction data. The case has drawn additional political attention after reports linked the husband of Bhumjaithai Party MP Suchada Zhang Thaensap to a stake in the casino’s parent company, a claim the MP has downplayed. Thailand’s regulators have been tightening oversight of crypto flows, recently flagging large USDT transfers and arresting a Chinese national in a $74 million laundering ring.

What to watch next

- Whether Thai authorities will move from charging individual players to pursuing legal action against Shuffle.com’s operator. - Potential regulatory actions by the Securities and Exchange Commission following the Department of Special Investigation’s review. - Further cooperation from other regional exchanges if additional on‑chain links to Shuffle.com emerge.