For those who need to pay taxes in Thailand, don't have to pay on the income from abroad as long as it isn't transferred into Thailand in the same year.
I'm not the one running this scheme, so you'll have to ask them.
But you must be naive and new to Thailand if you think that anything which isn't closed down automatically means it's legit.
Again : if it is legit, just point us to the laws with the specific requirements agents use to avoid the money requirements others have to use.
I remember when back in the days guesthouses, stalls on the beach,... on islands openly sold drugs. Was on the menu and could be put on your bill. Was normal, wasn't closed down. Doesn't mean was legit.
I know foreigners without work permit can register, but I don't know if there are any special requirements regarding visa maybe.
Also not sure if only the automated process is enough : when they made the rules more strict, a video call confirmation was needed. Maybe they have replaced the video call confirmation with a completely automated process which doesn't really work ?