Thai authorities have confiscated Bitcoin mining equipment valued at $8.6 million from a transnational fraud ring. The operation, conducted by the Thai Department of Special Investigation, targeted seven locations suspected of supporting a syndicate operating in Myanmar. Raids in Samut Sakhon and Uthai Thani provinces resulted in the seizure of 3,642 mining rigs worth $7.7 million and additional electrical equipment valued at $860,000. The investigation revealed that the mining equipment was housed in soundproof containers with water-cooling systems. The fraud syndicate, linked to these operations, has reportedly conducted financial transactions exceeding $143 million. This crackdown highlights ongoing efforts to dismantle financial networks supporting illicit activities in the region.