U.S. Treasury Sanctions 19 Myanmar, Cambodia Entities for Forcing Trafficking Victims into Crypto Scams
The U.S. Treasury Department sanctioned 19 entities throughout Myanmar and Cambodia for working large crypto rip-off networks that defrauded Americans of over $10 billion in 2024 alone. The coordinated motion targets transnational felony organizations utilizing compelled labor and human trafficking to perpetrate “pig butchering” scams. The Office of Foreign Assets Control designated 9 targets in…
