Myanmar Draft Law: Life Sentences for Crypto Scams

Myanmar's military government introduced a draft law that could impose life sentences and, in limited cases, the death penalty for operators of large-scale crypto fraud. The proposal targets digital currency scams linked to Southeast Asian fraud compounds, a network that has drawn international scrutiny over the past several years.

These compounds, often based in border zones, run pig-butchering schemes and crypto investment frauds that victimize individuals across the region. The military junta framed the bill as a tool to combat transnational criminal networks using digital assets to launder proceeds. The draft does not specify the monetary threshold for