U.S. Sanctions Myanmar Warlord and Militia Over Cyber Scams Involving Cryptocurrency Fraud

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-05 19:07:02

The United States has sanctioned Saw Chit Thu, leader of Myanmar’s Karen National Army (KNA), along with his two sons and the militia group itself, for orchestrating large-scale cyber scams. These operations include cryptocurrency-related fraud schemes that have reportedly cost U.S. victims over $2 billion in 2022 alone.

The Treasury Department’s Office of Foreign Assets Control (OFAC) highlighted the group’s involvement in transnational crimes such as human trafficking and cross-border smuggling, alongside their cybercriminal activities. The sanctions aim to disrupt the financial networks supporting these illicit operations.

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