US Treasury sanctions crypto exchange MEXC for sanctions evasion, cybercrime ties
Published 1 d ago1 sourceEvidence: Reported
The U.S. Treasury sanctioned entities linked to Cambodia's Prince Group for running sophisticated cyber-enabled fraud schemes targeting victims globally. This marks a rare direct U.S. action against a major Cambodian conglomerate, signaling increased pressure on scam networks in Southeast Asia. The move may strain U.S.-Cambodia relations and deter similar operations.
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