this post was submitted on 13 Nov 2025
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US, Chinese authorities ramp up actions against syndicates running crypto scams (www.scmp.com)
submitted 3 months ago by rss@news.abolish.capital to c/china@news.abolish.capital
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The US and China are ramping up crackdowns on cryptocurrency-related cross-border crimes with a flurry of actions against the suspected ringleaders of scam networks operating in Southeast Asia. In recent years, the border areas between Thailand, Myanmar, Laos and Cambodia have become hubs for online fraud operations, in which syndicates either trick or coerce their targeted victims to invest in bogus schemes and transfer money via bitcoin, ether or stablecoins before these are processed through...

From China - South China Morning Post via This RSS Feed.

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