Four PillarsFour PillarsAsia Digital Asset Policy Center

News

BlockTempo

The end of Southeast Asia scam compounds? Myanmar proposes new law: crypto fraud could bring life imprisonment, and illegal detention in 'pig butchering' rings could carry the death penalty

  • Myanmar's military junta is rolling out some of the toughest crackdown measures yet against scam compounds.
  • Under the newly unveiled draft Anti-Online Fraud Law, people who use violence or illegal detention to force others into criminal activity in Myanmar could face severe punishment.
  • Crypto-fraud-related crimes could carry life imprisonment, and those who unlawfully imprison people for use in so-called "pig butchering" schemes could face the death penalty.

More news

All news