PANews reported on May 7 that according to the announcement of the U.S. Treasury Department, OFAC has identified the Karen National Army (KNA) of Myanmar as a transnational criminal organization and sanctioned its leader Saw Chit Thu and his two sons on the grounds that they were involved in crimes such as cyber fraud, human trafficking and cross-border smuggling. The Thai-Myanmar border area controlled by KNA has been used by multiple fraud groups to carry out cyber fraud against American citizens. KNA not only provides shelter for cyber fraud gangs, but also cooperates with Cambodian financial institutions such as Huione Group to launder virtual assets. The cases involved include new cryptocurrency scams such as "pig killing". The Treasury Department said that similar scams have caused American victims to lose billions of dollars in the past three years. The sanctions also involve its affiliated companies and land leasing activities.
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