Report Finds | Crypto

A Cambodia crypto scam has been detailed by Humanity Research Consultancy as a $19 billion operation worth nearly 60 percent of Cambodia’s GDP. The report says Huione platforms and a state-linked stablecoin have processed billions while trafficked workers drive growing fraud compounds. The post Cambodia’s Officials Tied to $19B Crypto Scam Network Fueled by Forced Labor, Report Finds appeared first on Cryptonews.

A delay in Tether’s wallet blacklisting process has enabled over $78 million in illicit funds to be moved before enforcement actions could be executed. The post Tether Delay Let $78M in Illicit Funds Slip Through, Report Finds appeared first on Cryptonews.