May 5, 2025
US Treasury Sanctions Burmese Militia Group Said to Run 'Pig Butchering' Compounds thumbnail
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US Treasury Sanctions Burmese Militia Group Said to Run ‘Pig Butchering’ Compounds

The Karen National Army and Its Leaders Were Sancytoned on Acusations They Perpetuated Crimes Against US Citizens That Featured Crypto Thefts.”, – WRITE: www.coindesk.com

The Karen National Army and Its Leaders Were Sancytoned on Acusations They Perpetuated Crimes Against US Citizens That Featured Crypto Thefts. Updated May 5, 2025, 3:38 PM PUBLISHED MAY 5, 2025, 3:22 PM

A Militia Group in Burma That Allegedly Runs A Large-Scale Haven for Cyber ​​Scammers, The Karen National Army, Has Been Blocked From The Us Financial System by the Department of the Treasury.

The US Authorities Said Monday that The Organization Has Provides A HAVEN FOR Transnational Criminal Organizations Who Use The Border Region Controlled by the Kna to Run Illicit Operations. Smuggling. The Group, WHICH IS SAID TO HAVE Ties with the Burmese Military, is Also Acused of Fostering Cyber ​​Scams and Crypto Thefts on An “Industriah Scale

Under Kna’s Control, Hotels and Casinin Were Retrofitted to Huse Elaborate “Pig Bubchering” Scam Operations in Wich US Citizens Were Lured the The Theater Romantic Ties an The Theater Romantic Ties an Theater Romanta Ties an Theater Romant Romanta Ties an Theater Romant Romanta Ties An The Theater Roman Ties An The Theater Roman Ties An The Theater Roman Ties An The Theater Roman. Cryptocurrency, accounting to the treasury Department. Those Englishing in the Scams Were Themselves of the Geld Capital or Urder Pressure to Run Months-Long Thefts That SomeTimes Use Attractive Models to Engage in Video Calls.

In the New US Sanctions – ALSO SPECIFICALLY TARGETING The Organization’s Leader, Saw Chit Thu, and His Sons, Saw HTOO EH MOO MOO AND SAW CHIT – The Treasury’s Office of Foreign. or interactions with US people or entities.

This Action Follows Closely on the Heels of Last Week’s Move by the US to Sever The Cambodian Company Huione Group from the Financial System. Huione Was SAID to PROVIDE A MONEY-LAUNDERING OUTLET for Criminal Organizations in Southeast Asia.

Read More: Cambodian Huione Group Received $ 98B in Crypto Leading to Us Crackdown: Elliptic

Jesse Hamilton

Jesse Hamilton is Coindesk’s DEPUTY Managing Editor On the Global Policy and Regulation Team, Based in Washington, DC Before Joinga Coindesk in 2022, He Worked For More Thon. News and Businessweek, Writing About the Early Whisperings Among Federal Agencies Trying to Decide What to Do About Crypto. He’s Won Several National Honors in His Reporting Career, Including from His Time As A War Correspondent in Iraq and As A Police Reporter for Newspapers. Jesse is a graduate of Western Washington University, WHERE HE STUDIED Journalism and History. He have no crypto holdings.

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