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Russians Arrested For Illegal Crypto Trading In Thailand Cannabis Dispensary

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The serene beaches of Koh Phangan, Thailand, recently became the center of an unexpected clash between cryptocurrency trading and cannabis retail.

Owned by Russian citizens Maksim Variukhin and Ibragim Gaitukiev, the Plantasia Cannabis Collective was investigated by Thailand’s Technology Crime Suppression Division (TCSD) for operating as an unlicensed digital asset business, reported Khaosod English.

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The authorities were convinced that the shop served as a hub for cryptocurrency exchanges, as promoted on their website, according to Bangkok Post. Subsequently, law enforcement secured a search warrant…
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