US Charges Two Chinese Nationals Over Myanmar Crypto Scam Hub

The Justice Department said on Thursday it has charged two Chinese nationals accused of running a major scam compound in Myanmar that targeted Americans in cryptocurrency fraud schemes, as Attorney Jeanine Ferris Pirro warned the US would continue to crack down on cyber crimes.

Prosecutors allege Huang Xingshan and Jiang Wen Jie oversaw operations at a site known as Shunda Park, where trafficked workers were forced to carry out so-called “pig butchering” scams — building online relationships with victims before steering them into fake crypto investments that siphoned large sums of money.