US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links

The U.S. Division of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his companies, linking them to human trafficking and compelled labor scams involving cryptocurrency fraud. Victims have been manipulated into on-line rip-off facilities, and trafficked employees have been compelled into labor for these schemes. The sanctions freeze U.S.-based property and prohibit transactions, […]



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