May 15, 2026
Myanmar’s Anti-Online Scam Bill Proposes Death Penalty for Coercion, Life Imprisonment for Crypto Fraud
CrimePoliticsRegulationAnti-Online Scam Billcrypto fraud penaltydeath penalty coercionMin Aung Hlaing legislationMyanmar crypto lawMyanmar scam billonline fraud MyanmarSoutheast Asia scam centres
TLDR: Myanmar’s new bill proposes the death penalty for those who violently coerce victims into online scam work. Life imprisonment applies to operators running scam centres and those convicted of cryptocurrency investment fraud. US victims lost over $20 billion to Myanmar-linked scam schemes last year, per FBI figures released recently. Democracy watchdogs call the bill [...]
The post Myanmar’s Anti-Online Scam Bill Proposes Death Penalty for Coercion, Life Imprisonment for Crypto Fraud appeared first on Blockonomi.
Source: Blockonomi →Related News
- 12 hours ago
SEC Builds Tokenized Securities Framework Guided by “Innovation Without Arbitrag...
- 14 hours ago
U.S. House tax committee weighs crypto bills, including relief for small transac...
- 14 hours ago
Hyperliquid Faces UK FCA Warning Over Perps Activity
- 14 hours ago
Polymarket Paid 800+ People Via CMO’s Personal PayPal, Report Finds
- 15 hours ago
Alsobrooks says Clarity Act needs ethics deal before Senate vote
