Myanmar’s Military Government Proposes Life in Prison for Crypto Scammers
Summary
Myanmar’s military government has unveiled the "Anti-Online Fraud Bill" to combat the proliferation of scam centers within its borders. The legislation proposes severe penalties, including ten years to life imprisonment for digital currency fraud, and the death penalty in cases where exploitation or coercion results in a victim's death. This move comes as international authorities, including the U.S. and China, intensify efforts to dismantle organized criminal networks operating across Southeast Asia that leverage crypto scams and human trafficking.
(Source:Cointelegraph)