U.S. Sanctions Kok An and 28 Others Over Alleged Crypto Scam Compounds

OFAC sanctioned Cambodian senator Kok An and 28 alleged members of his network over scam compounds tied to crypto investment fraud. OFAC said the action also coincided with the seizure of more than 500 fraudulent web domains used in the schemes. OFAC said Americans were defrauded of millions of dollars through fake investment platforms promising high returns.

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