The US Department of Justice has seized Myanmar-based encrypted fraud domains in connection with the sanctions imposed on Cambodia's Huione Group.
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TL;DR
The US Department of Justice seized a Myanmar-based fraudulent domain, tickmilleas.com, used to impersonate crypto platforms and scam investors. This action is linked to sanctions on Cambodia's Huione Group, which recently closed its branch and halted withdrawals.
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US Department of JusticeMyanmar fraud domaincryptocurrency scamHuione Group sanctionsFBI investigation
According to Mars Finance, Decrypt reports that the US Department of Justice has shut down the fraudulent website tickmilleas.com. This domain was operated by the "Thai Chang Fraud Park" in Myanmar and used to impersonate cryptocurrency trading platforms to lure investors. The FBI states that several victims have recently been defrauded. This operation is related to the previously sanctioned Cambodian Huione Group, which closed its Phnom Penh branch and suspended withdrawals this week.