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UK crackdown on vile scam centres steps up with sanctions on illicit crypto network

UK crackdown on vile scam centres steps up with sanctions on illicit crypto network

  • UK steps up action to protect British nationals from online fraud and prevent human rights abuses through new sanctions tackling “scam centres” in Southeast Asia. 
  • Targets include a major cryptocurrency-based marketplace on which would-be scam victims’ data is sold. 
  • Follows action last year, which triggered a wave of asset freezes and seizures around the world, and the closure of hundreds of scam centres. 
  • Comes ahead of the UK’s Illicit Finance Summit in June, which will drive international action to tackle dirty money.  

A cryptocurrency network through which stolen personal data can be sold to fraudsters is sanctioned today as part of efforts to dismantle a network of ‘scam…

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