The post Cambodia Law Targets Crypto Scam Kingpins with Life in Prison appeared on BitcoinEthereumNews.com. Prison sentences range from five years to life, dependingThe post Cambodia Law Targets Crypto Scam Kingpins with Life in Prison appeared on BitcoinEthereumNews.com. Prison sentences range from five years to life, depending

Cambodia Law Targets Crypto Scam Kingpins with Life in Prison

2026/04/04 04:24
3분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다
  • Prison sentences range from five years to life, depending on the penalty.
  • Bill now heads to the Senate for review, then to King Norodom Sihamoni for finalization.
  • Estimates suggest that Cambodia’s scam industry might pull in over $12.5 billion a year.

Cambodia is stepping up its fight against crypto-linked scam networks. The country’s National Assembly has advanced a new law that allows life imprisonment for operators of large online fraud rings, including crypto scams. The move comes as global pressure grows over scam compounds operating inside the country.

The proposed law targets cross-border cybercrime groups running large-scale fraud operations. These include fake crypto investment platforms, impersonation scams, and pig-butchering schemes that target victims worldwide.

Prison Terms Range From 5 Years to Life

Penalties scale based on the severity of the crime. Running or organizing a scam ring carries 5 to 10 years in prison. If trafficking, confinement, or violence is involved, sentences rise to 20 years. Leaders of large scam operations face 15 to 30 years, while cases involving death or severe abuse can result in life imprisonment.

Fines can exceed $250,000 in serious cases. Lower-level participants may face two to five years in prison and fines of up to $125,000.

The legislation also targets related crimes, including money laundering, recruitment into scam networks, and the collection or misuse of victims’ personal data.

Justice Minister Keut Rith said the bill is part of a broader national effort to dismantle scam compounds and rebuild Cambodia’s international reputation. All 112 lawmakers present voted in favor of the measure. The bill now heads to the Senate for review before final approval by King Norodom Sihamoni.

Cambodia Under Pressure

The country’s crackdown comes after years of pressure from governments, rights groups, law enforcement, and other organizations. Along with parts of Myanmar and Laos, Cambodia has been a huge hotspot for online fraud, including crypto scams like fake investment sites and pig butchering schemes.

These scams often take place in guarded compounds where trafficked workers are forced to run fraud at gunpoint. Victims get tricked by fake job ads and end up in conditions that people call near‑slavery.

Enforcement Ramps Up as Authorities Shut Down Sites

In parallel with the new law, Cambodian officials have ramped up the enforcement, with over 200 scam sites shut down in recent months and nearly 700 people charged. Additionally, about 10,000 trafficked workers were sent home from scam compounds.

Estimates suggest that Cambodia’s scam industry might pull in over $12.5 billion a year, a staggering number that shows just how huge the shadow economy really is.

According to Chainalysis, crypto scams caused $17 billion in losses globally in 2025, and Southeast Asia is considered a major hub for those operations.

Related: Li Xiong, Key Member of Chen Zhi Syndicate, Extradited to China

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/cambodia-law-targets-crypto-scam-kingpins-with-life-in-prison/

시장 기회
Based 로고
Based 가격(BASED)
$0.06784
$0.06784$0.06784
+0.05%
USD
Based (BASED) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!