[Suspect Behind $580 Million Cryptocurrency and Credit Card Fraud Scheme Arrested in Bangkok] BlockBeats reports that on October 3, a Portuguese man was arrested in Bangkok, Thailand, on suspicion of orchestrating a $580 million (500 million euros) cryptocurrency and credit card fraud scheme. The Thai English-language newspaper Khaosod confirmed the man as 39-year-old Pedro M. A Portuguese journalist vacationing in Bangkok first spotted him at a luxury shopping mall. Khaosod did not confirm Pedro's last name, but his profile and photos match those of Pedro Mourato, a well-known figure in Portuguese media.