A joint operation between Thailand and the FBI recovered $432,000 worth of cryptocurrency from a European hacker.

Mars Finance reports that Thai officials announced on Wednesday that they had successfully recovered over $432,000 in stolen digital assets from an Eastern European cybercriminal hiding in Phuket. According to local media reports, Lieutenant General Surapong Premput, who leads the Thai Cybercrime Investigation Bureau (CCIB), revealed that "Operation 293" successfully seized and returned $320,000 worth of cryptocurrency to Thai victims. The hacker allegedly deployed malware to compromise victims' devices and steal authentication keys and seed phrase, crucial access credentials for encrypted accounts.