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Cambodia’s Casino Crackdown Hasn’t Stopped $1.07 Billion in Crypto Flows

Cambodia’s Casino Crackdown Hasn’t Stopped $1.07 Billion in Crypto Flows


USDT on TRON accounted for 99.9% of crypto received by Sihanoukville casinos.

Casinos in Sihanoukville, Cambodia, received around $1.07 billion in cryptocurrency between January 1 and September 7, 2026, despite a government crackdown on scam compounds and international sanctions against linked networks, according to blockchain intelligence firm TRM Labs.

The report said 34 in-person casinos in the coastal city received the funds during the period. Casinos linked to networks designated by the US Treasury’s Office of Foreign Assets Control (OFAC) accounted for $687 million, or 64% of the total.

US Sanctions, Closures and Raids

TRM Labs found that crypto continued to reach…

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