hrc

A new report from the Humanity Research Consultancy (HRC) has revealed a shocking picture: Cambodia is becoming a global hub for transnational scams worth tens of billions of dollars – with crypto as the primary tool and senior government officials reportedly directly involved.

Crypto, Telegram, and sophisticated scam systems

According to a report published on May 16, criminal networks in #Campuchia are operating a 'vertically integrated scam industry' with a scale of up to $19 billion per year, equivalent to 60% of the country's GDP. Notably, most of this money is circulated through platforms using cryptocurrency to avoid financial controls.