Myanmar Military Raid on KK Park Scam Centre Prompts Mass Escape
Nearly 700 individuals fled the fraudulent KK Park complex in Myanmar following a military raid. They crossed the Moei River and reached Thailand.Southeast Asian country (formerly Burma); coverage of its politics, society, economy, human rights and conflicts.
Myanmar Military Raid on KK Park Scam Centre Prompts Mass Escape
Nearly 700 individuals fled the fraudulent KK Park complex in Myanmar following a military raid. They crossed the Moei River and reached Thailand.
US Treasury Sanctions Crypto Fraudsters in Myanmar and Cambodia
OFAC has imposed sanctions on nine entities in Myanmar and ten in Cambodia. They are involved in orchestrating fraudulent schemes using cryptocurrencies.
Myanmar’s digital slavery: inside the scam‑factory network
Wracked by civil war, Myanmar has become one of the world’s biggest hubs of cybercrime. In recent years, hundreds of thousands of foreigners, lured by ads for well-paid jobs, have been abducted and forced to work in scam call centres. These scam compounds are mushrooming along the Thai border and generate tens of billions of […]
Myanmar’s parallel government to launch neobank on Polygon
The Myanmar National Unity Government (NUG) will launch a neobank on the Polygon platform to fund the fight against the military that seized power in the coup.
Myanmar to consider launching a national digital currency
The government of Myanmar, which came to power following a military coup, plans to launch a CBDC. Bloomberg reports.
Myanmar proposes imprisonment for using Bitcoin and VPN
The military authorities in Myanmar plan to introduce criminal liability for the use of cryptocurrencies and Virtual Private Network (VPN), according to a draft law that has surfaced online.
Myanmar’s shadow government recognises USDT as an official currency
A group of supporters of the ousted Myanmar leader Aung San Suu Kyi has recognised Tether (USDT) as a means of payment. The parallel government has begun fundraising for a campaign aimed at toppling the military regime, Bloomberg reports.We use cookies to improve the quality of our service.
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