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Over 300 slaves have reportedly been freed from Myanmar crypto scam centers after Thailand’s government cut off electricity, internet, and fuel along the Myanmar-Thailand border.  Dimsum Daily reports that 100 people have been freed from scam centers in Tachilek City and moved to the Mae Sai district in Thailand. Nation Thailand, meanwhile, reports that 261 victims have been freed today from scam centers in KK Park and Shwe Kokko and will be sent to the Phop Phra district in Tak province. Various raids are being carried out while authorities gather at the border to transfer the victims. However, Thailand’s Deputy Prime Minister and Defense Minister, Phumtham Wechayachai, reportedly said refugee camps would not be set up for people coming from scam centers .  Thailand cuts power to Myanmar crypto scam center regions Read more: Single Chinese ‘pig-butchering’ operation made $100M in USDT, report He said, “If their native countries will not accept them, we w...

During oral arguments this week related to an appeal of the US Treasury’s designation of Tornado Cash as a sanctioned entity, a US circuit judge revealed an embarrassing detail. On Tuesday, in a live proceeding of the appeal of that designation, Van Loon et al. v. U.S. Department of the Treasury et al., Judge Kurt Engelhardt asked lawyers why the US Treasury was only able to cite three examples of illicit use out of the millions of Tornado Cash transactions . As reported by Law360, these three examples are not just small in the context of Tornado Cash’s enormous volume. Worse, these three justifications for the US Treasury’s designation of Tornado Cash might be even more embarrassing for another reason: A separate, pre-existing sanction might have prevented them. All three transactions involved North Korea laundering financial assets in violation of pre-existing US Treasury sanctions. Indeed, North Korea has been a sanctioned entity since 2006 — formally, a Specially Designate...