Tag: Shwe Kokko scams
US Sanctions on Myanmar Crypto Entities: What You Need to Know
In September 2025, the U.S. sanctioned nine crypto scam entities in Myanmar's Shwe Kokko, linked to the Karen National Army. These operations have cost Americans over $10 billion in 2024 alone through forced labor and fraud. This is the most aggressive U.S. action yet against crypto crime.
