Security· ★★★· neutral·

Cambodia to seize and confiscate assets of casino owners tied to scam hubs

  • —CCOS revoked licenses of 18 casinos and suspended 9 over online scam links
  • —More than 600 suspected scam locations have been raided and shut down
  • —24 casinos in Sihanoukville, Banteay Meanchey and Svay Rieng ended online gambling after Sept 30
  • —Cambodia's FIU, judicial police, prosecutors and provincial courts are coordinating the asset actions
Why it matters: For the first time authorities are targeting the financial assets of scam-hub operators, including crypto wallets and USDT holdings.
#USDT#USDC
Source: Bing News (crypto query)
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