Overview
- OFAC designated Kok An on Thursday, naming 28 linked people and entities and triggering asset freezes plus a ban on U.S. dealings with those listed.
- Officials say his casinos and office parks served as bases where trafficked workers were forced to run romance and crypto investment scams that targeted Americans, with UN estimates placing hundreds of thousands in such centers across the region.
- The push aligned with the Scam Center Strike Force as the Justice Department charged two people accused of running a Myanmar crypto-fraud compound and trying to open one in Cambodia.
- The State Department offered rewards for information to seize proceeds tied to the Tai Chang scam centers in Myanmar that U.S. officials link to online fraud.
- Tether disclosed a $344 million USDT freeze coordinated with OFAC, though authorities have not said whether those funds tie to the Kok An network.