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Crypto Crime Crackdown Escalates As Myanmar Targets Scammers With Execution

  • Christian Encila--Bitcoinist
  • published date: 2026-05-16 11:00:56 UTC

Americans lost more than $11 billion to crypto-related fraud last year, according to an FBI report released in April — and the pressure on governments across Southeast Asia to crack down has only grown since then. A Deadly Business Myanmar’s military governme…

Americans lost more than $11 billion to crypto-related fraud last year, according to an FBI report released in April and the pressure on governments across Southeast Asia to crack down has only grown… [+2502 chars]