Two fake Thailand princess are reportedly soliciting Korean blockchain investors and developers.
The Korea Blockchain Association Wednesday issued an alert against the two Thai female fraudsters.
They appeared in a local blockchain event and promised to link South Korean blockchain developers to Thai government officials for helping them do business in their country.
The duo, identified Princess Yoya and Princess Yaya appeared in a domestic blockchain festival in January and August last year.
The Thailand Embassy in Korea also confirmed that they have no links whatsoever to the Thai Royal Palace.
The duo was reportedly using the royal name cards to deceive businesspeople both in South Korea and China, the association said.