# SEC and CCIB raid Worldcoin exchange for unlicensed digital asset operations

- Link: https://www.thailand-business-news.com/cryptocurrencies/253425-sec-and-ccib-raid-worldcoin-exchange-for-unlicensed-digital-asset-operations
- Published: 2025-10-25T18:29:00+07:00
- Author: Zhang Fang

**On October 24, 2025, the SEC and CCIB raided the Worldcoin exchange for operating
without a license. Suspects were arrested to protect users from scams and money 
laundering.**

---

Bangkok, 24 October 2025 – In a joint operation, the Securities and Exchange Commission(
SEC) and the Cyber Crime Investigation Bureau (CCIB) conducted a raid on the Worldcoin(
WLD) exchange services at the iris scanning location, resulting in the arrest of
suspects for operating an unlicensed digital asset business. The operation was taken
to protect users from potential scams and money laundering. 

ADVERTISEMENT

On 24 October 2025, the SEC and the CCIB jointly conducted a raid on WLD exchange
services at the iris scanning location, identifying an exchange service provider
potentially constituted to be operating digital asset business under Section 3 of
the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018) without license
in contravention of Section 26, subject to penalties under Section 66 of the same
act.* The investigator has arrested suspects for committing the offense, subject
to further relevant law enforcement proceedings.    

Ms. Jomkwan Kongsakul, SEC Deputy Secretary-General, stated at the joint press conference
with the CCIB after the raid and arrest of the suspects on the same day: “This collaboration
will enhance the effectiveness of law enforcement in prosecuting and suppressing
unlicensed digital asset businesses, while protecting users from lack of legal protection
and mitigating risks of scams and money laundering.”  

Earlier, the SEC issued a public warning regarding activities that may constitute
operating digital asset business without license and advised the public to be careful
when exchanging WLD coins with unlicensed operators. The SEC has continually monitored
the activities of digital asset business operators, emphasizing compliance with 
regulations for offering services related to digital assets and sale promotional
activities. Business operators must not engage in or support illegal activities.
If any violations are found, the SEC will take legal action accordingly. 

### Related**Posts**

###  󠀁[Tokenised Deposits vs Stablecoins: Why Thailand’s Cautious Path Differs from Hong Kong and Singapore](https://www.thailand-business-news.com/banking/321239-tokenised-deposits-vs-stablecoins-why-thailands-cautious-path-differs-from-hong-kong-and-singapore)󠁿

###  󠀁[Starting a financial services or fintech business in Singapore: key things foreign investors should know](https://www.thailand-business-news.com/banking/321443-launching-a-financial-services-or-fintech-business-in-singapore-what-foreign-investors-need-to-know)󠁿

###  󠀁[Bitkub Pioneers Thailand’s First RLUSD-THB Trading Pair Launch](https://www.thailand-business-news.com/cryptocurrencies/293968-bitkub-pioneers-thailands-first-rlusd-thb-trading-pair-launch)󠁿

###  󠀁[China’s Advancements in Digital Yuan Intensify the Race for the Future of Currency](https://www.thailand-business-news.com/china/290676-chinas-advancements-in-digital-yuan-intensify-the-race-for-the-future-of-currency)󠁿

The public and investors are strongly advised to exercise caution when using services
from unlicensed digital asset business operators, as they will not receive legal
protection and are at risk of being scammed, as well as exposed to money laundering
risks. A list of licensed business operators is available at www.sec.or.th and via
SEC Check First application, while a list of unauthorized individuals outside the
SEC supervision is also available at Investor Alert on the SEC website via https://
market.sec.or.th/public/idisc/th/InvestorAlert.  

To notify information or leads regarding suspicious activities, please contact SEC
Complaint Center via Hotline 1207 or SEC Official Facebook Page or SEC Live Chat
at the SEC website.   

**Source** : [SEC and CCIB raid and arrest suspects for Worldcoin exchange services liable to operating digital asset business without license](https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=12162&rand=113627)