US Sanctions Cambodian Senator Linked To Crypto Romance Scam Centers

Authored by Chris Summers via The Epoch Times (emphasis ours),

The United States on April 23 imposed sanctions on a wealthy Cambodian senator, Kok An, who allegedly ran crypto-romance scam centers that stole millions of dollars from U.S. citizens.

Kok, 71, is a political ally of Hun Sen, who served as Cambodian prime minister for 25 years before stepping down in 2023 and handing power to his son, Hun Manet. The 73-year-old is now president of the Cambodian Senate.

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) also sanctioned 28 individuals and entities linked to the suspected scam centers.

“Eliminating fraud is a top priority for the Trump administration,” U.S. Treasury Secretary Scott Bessent said. “Treasury will continue to target fraudsters and scam centers that steal billions of dollars from hardworking Americans, no matter where they operate or how well-connected they are.”

Industrial-scale cyberscamming, based in scam centers in Burma (also known as Myanmar) and Cambodia, has become a major money-maker for organized crime groups.

The Treasury said in a statement that operators within this network have “stolen millions of dollars from U.S. victims while operating under the protection of Kok An and his political connections.”

Tricked Using ‘Romantic Relationships’

The Treasury said fraudsters use “the lure of friendship or romantic relationships” to coax vulnerable Americans into transferring their savings in the form of digital assets by promising investment opportunities and high returns.

Matthew Hogan, a detective with the Connecticut State Police and an officer on the Secret Service’s Financial Crimes Task Forces, told The Epoch Times last year that the biggest growth has been in long-term scams known as “pig butchering,” which involves luring people into fake cryptocurrency investments. The phrase comes from the Chinese term “sha zhu pan.”

The Treasury said Kok owns numerous companies, including Crown Resorts, and has retrofitted casinos and office parks as scam centers where workers—who are often trafficked from China and other countries—target U.S. citizens and trick people out of cryptocurrency, which is then laundered by Kok’s associates.

“Nearly all major scam compounds in Cambodia are connected to casinos, which serve to launder the proceeds of scams,” the Treasury said.

Kok is a senator from the ruling Cambodian People’s Party. It was founded during the Cold War, and was close to the Soviet Union and later communist Vietnam. It dropped its Marxist-Leninist ideology in the early 1990s.

Andy Jenkinson, a fellow of the Cyber Theory Institute and author of the book “Stuxnet to Sunburst: 20 Years of Digital Exploitation and Cyber Warfare,” told The Epoch Times in April 2025 that the annual losses to cybercrime globally are “over $10 trillion, or put it another way, $32 billion a day.”

Tether Freezes $344 Million USDT

The move was announced hours after stablecoin issuer Tether froze $344 million in its USDT stablecoin, allegedly linked to “sanctions evasion, criminal networks, or other illicit activity.”

“When wallets are identified as connected to sanctions evasion, criminal networks, or other illicit activity, Tether can move to restrict those assets,” Tether said.

The company also said it maintained a zero-tolerance policy toward the criminal use of USDT, and has long followed OFAC guidelines on sanctioned individuals and entities.

Reuters contributed to this report.