BANGKOK, Thailand – Reports and consultations involving investment scams surged more than 150% during the first six months of 2026, while Thailand’s Securities and Exchange Commission (SEC) said the number of suspended digital-asset mule accounts has climbed to nearly 61,000. The SEC said 60,968 digital-asset mule accounts had been suspended by the end of June, up 27.83% from 47,692 accounts at the end of 2025.
Between January 1 and June 30, the SEC’s investment scam hotline received 4,530 reports and requests for advice. Of these, 4,156 were consultations with members of the public, an increase of more than 150% from the same period last year. The SEC also coordinated with social media platforms to block 374 scam channels. The platforms reportedly completed the blocking process within seven minutes to 48 hours. During the first half of 2026, authorities pursued 23 criminal cases, reporting 67 alleged offenders to investigators at the Economic Crime Suppression Division and the Department of Special Investigation. A further 108 people were fined, with total fines reaching 30 million baht.
Civil enforcement resulted in 29 people from seven cases agreeing to comply with civil sanction measures, with total civil fines of 662.70 million baht and 519.44 million baht in disgorgement of benefits gained from wrongdoing. The SEC said these payments had been remitted to the Ministry of Finance as state revenue. For 17 alleged offenders who refused to comply with the civil sanction measures, the SEC asked public prosecutors to file civil cases seeking the maximum penalties allowed under the law.
