All by tag: Cambodia

“Pig butchering” scams rely on Tron thanks to near-zero fees and transaction speeds of about 3 seconds. This allows criminals to move stolen funds through dozens of wallets before the victim even realizes the money is gone

The service has been suspended amid US sanctions, allegations of processing illegal transactions, and mass attempts by customers to withdraw their funds

FinCEN tried to shut down a Cambodian company involved in money laundering, but it failed