US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links

The U.S. Department of the Treasury has imposed sanctions connected Cambodian tycoon Ly Yong Phat and his businesses, linking them to quality trafficking and forced labour scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labour for these schemes. The sanctions frost U.S.-based assets and prohibit transactions, […]