US Treasury Sanctions 19 Groups in Myanmar, Cambodia Over Crypto Scam Networks

The US Treasury Department has imposed sanctions on 19 entities across Myanmar and Cambodia for operating large-scale cryptocurrency investment fraud networks that use forced labor to target American victims. The September 8 announcement is an escalation in efforts to combat transnational cybercrime operations that have cost Americans over $10 billion in 2024 alone. The sanctioned […] The post US Treasury Sanctions 19 Groups in Myanmar, Cambodia Over Crypto Scam Networks appeared first on Coin Edition.