In brief
- Cambodia’s National Assembly has passed a draft law to tackle cyber crimes as part of a push to shut down scam compounds.
- The law would impose sentences of 15-30 years or life for scam bosses, with harsher penalties tied to deaths or violence.
- Scam compounds in Southeast Asia drive billions in global fraud, using crypto for cross-border movement and laundering.
Cambodia has moved to impose some of the world’s toughest penalties on online scam operations, many of which are powered by crypto—but experts warn the crackdown is more likely to “displace the industry than destroy it.”
The country’s National Assembly on Monday unanimously passed a draft law targeting cyber scams, introducing prison terms of up to life for…
