Global law enforcement upgrades: Encryption scam networks classified as transnational threats

To be frank, Interpol has taken significant action this time. At the Marrakech plenary session, they directly identified that Crypto Assets fraud has become a leader in criminal industries, and global law enforcement agencies are set to take collective action.

This scam chain is indeed outrageous: human trafficking → fake job opportunities → forced involvement in illegal activities → money laundering. Victims are spread across more than 60 countries, ranging from Southeast Asia all the way to Russia, Colombia, East Africa, and the UK. Last year, the US Treasury also severed financial ties with Cambodia's Huay Wang Group, accusing it of being involved in money laundering of $4 billion.

The key signal is that the U.S. Department of Justice has established a special task force this month, in conjunction with the resolution of Interpol, marking the beginning of true collaboration among global law enforcement. In other words, the days of trying to evade regulation through encryption technology may be coming to an end. For project parties and users looking to enter this field, compliance and transparency will become new competitive advantages.