Myanmar proposes death penalty for violent crypto scammers
Myanmar's draft bill would impose the death penalty on criminals who illegally coerce victims into crypto scam centre operations.
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Myanmar's draft bill would impose the death penalty on criminals who illegally coerce victims into crypto scam centre operations.
Read more (2 min) →China executed four members of the Bai crime family which operated a Myanmar scam compound enterprise that made over $4B.
The scam centers have migrated to Starlink connections after electricity and internet were cut off earlier this year, AFP reports.
Myanmar militias that once protected these scam centers are now demanding that the Chinese gangsters running them leave their regions.
Chinese abductions prompted Thailand’s government to cut off the electricity supply to crypto scam centers in Myanmar today.
Pig-butchering scams based at the Myanmar compound have reportedly raked in around $100 million in USDT over the past two years.
The Myanmar-based compound that houses the USDT-powered pig-butchering scam is "likely home to thousands of trafficked workers."