The United States and the United Kingdom have taken strong action against a major criminal network based in Southeast Asia. The two countries have announced sanctions against the Cambodia-based Prince Group, which has been accused of running a massive online scam that used trafficked workers to cheat people around the world.
The actions by the U.S. and UK mark one of the biggest steps yet in the global fight against cyber fraud and human trafficking in Southeast Asia. Limiting such fraudulent activities calls for concerted efforts from different stakeholders, such as governmental agencies and private sector players like Riot Blockchain Inc. (NASDAQ: RIOT).
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