The timing of these freezes ties to recent events and broader trends:
Pattaya Incident: The May 21, 2025, arrest of bank employees for helping scammers open accounts exposed risks, pushing Bangkok Bank to tighten rules, as reported by Pattaya Mail.
Global Financial Standards: Thailand is enforcing KYC rules to meet international anti-money laundering and tax transparency standards, as noted in a Reddit post (r/Thailand). This requires banks to verify account holders.
Sanctions on Russia: While not explicitly confirmed, sanctions may be influencing the focus on Russian accounts, as suggested by @xxeegghhffrr on X.
Cybersecurity Efforts: Thailand is boosting online security to stop scams, as the Bangkok Post reported on May 28, 2025. Freezing accounts is part of this push.