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DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

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Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

#301

Earlier quoted context omitted.

> How do you know they are “desperate” Based on the fact that Cambodian day laborers come to work as migrant workers in a region that Vietnamese (Kinh or Jarai) try to leave if they can. HDI metrics themselves also represents that fact. Gia Lai - one of the poorest provinces in VN - has a higher Human Development Index (HDI) than all of Cambodia. > Given the recent developments in Bangladesh Yet the average Banglades…

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Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

#302

Btw this is low-key the reason why Cambodia almost went to war with Thailand recently. In particular what's interesting is that how quickly Cambodia repurposed scam center employees as internet trolls. They're onto a really powerful golden goose here that not only brings in 15B usd but also empowers the current dictatorship. But also it's a pit of doom that is destined to erupt anytime now.

At this point its accurate to say the Cambodian leadership have completely been subjugated through corruption and that they are no longer running the country but Chinese OCGs who are affiliated with CCP and that they are probably influencing it at a state level on all matters.

We are seeing similar attempts in other Southeast Asian countries and even Korea but Cambodia seems like an outlier. It's sad that not enough of these subversive influence campaigns by China is being talked about here.

Once again, it is America leading the way and using its vast intelligence and military power to be a de-facto global police. Obviously DOJ acted because of Americans were victimized but in doing so have done what South Korean government failed to do.

Lot of heat and criticisms against South Korean government now and its embassy in Cambodia that have largely acted in negligence, even telling one of the victims to report it to Cambodian police and don't bother them.

Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

#303

Earlier quoted context omitted.

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> How do you know they are “desperate” Based on the fact that Cambodian day laborers come to work as migrant workers in a region that Vietnamese (Kinh or Jarai) try to leave if they can. HDI metrics themselves also represents that fact. Gia Lai - one of the poorest provinces in VN - has a higher Human Development Index (HDI) than all of Cambodia. > Given the recent developments in Bangladesh Yet the average Banglades…

Citations needed for almost everything you just wrote.

On the other hand, South Korea has the right to do whatever it wants within its rights. I strongly support South Korea in its geo-strategic calculus to isolate Cambodia government. They must have very good reason to believe this is the right course of actions.

Cambodian government should learn from this experience and improve its law enforcement and its own geo-strategic planning.

> There is no reason why Cambodia can't pull off a similar developmental story like Vietnam or Bangladesh

Again with the Bangladesh comparison. Can you google Bangladesh and read news about it in the last year before commenting?

Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

#305
post #206

Seems organised crime is taking advantage of less-policed (or lawless) regions in Cambodia and Burma. The spectre of a similar scam has resulted in lower Chinese tourism to Thailand. Basically Chinese (among other nationalities) tourists were led from the airport by fake immigration staff, put into cars and driven to Burma and forced to work 18 hour days in scam call centers. A chilling but extremely worthwhile read.…

Were? they still are. It's not even a small amount there are thousands of people at these centers.

also this isn't a "lawless" region that OP is talking about they are in city centers in Cambodia and the Cambodian police and government officials are all getting paid off to let them operate freely.

it really is disgusting to see this level of corruption and that its going to have long term economic impact on Cambodia and Cambodians abroad.

Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

#306

Earlier quoted context omitted.

China only began executing those pig-butcherers when the EAO that was providing protection to Chinese pig-butchering gangs in that region of Myanmar (Kachin Independence Army) re-flipped towards India recently [0] and had begun to ignore China [1] and rerouting rare earths and other goods to India [2] Meanwhile, China never cracked down against similar scams in Cambodia. Most notably, Prince Group remains unsanctione…

China does not have a way to deal with crime in Cambodia. It does not have anti-terrorism law to operate in other countries, also it does not want to upset Cambodia or Myanmar government when not necessary. These Chinese operates in Cambodia are mostly on the wanted list anyway, they don't plan to go back to China. In fact, a person leaving China to Cambodia and Myanmar will be checked and make sure their trip is inn…

> It does not have anti-terrorism law to operate in other countries

China literally runs black ops offices in New York [1] and Australia.

> also it does not want to upset Cambodia or Myanmar government when not necessary

There is no government in Myanmar. China (and India) heavily intervene in that conflict.

[1] https://www.justice.gov/archives/opa/pr/new-york-resident-pl...

Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

#307
post #111

It's 127,271 Bitcoins. Interesting choice not to mention the number of Bitcoins but use its current market value in USD. I feel like this says something about Bitcoin but not sure what exactly. Edit: Wow, people really don't want to know how many Bitcoins were seized :)

It is relevant, because the US Strategic Bitcoin Reserve hold it in BTC, not in USD.

Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

#308
post #206

Seems organised crime is taking advantage of less-policed (or lawless) regions in Cambodia and Burma. The spectre of a similar scam has resulted in lower Chinese tourism to Thailand. Basically Chinese (among other nationalities) tourists were led from the airport by fake immigration staff, put into cars and driven to Burma and forced to work 18 hour days in scam call centers. A chilling but extremely worthwhile read.…

I got a lot less snarky in my responses to scam text messages when I learned about the forced labor aspect. I just block the sender and go on, versus trying to bait them and waste their time.

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Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

#310
post #235

Earlier quoted context omitted.

Content: "Once you’ve been to Cambodia, you’ll never stop wanting to beat Henry Kissinger to death with your bare hands. You will never again be able to open a newspaper and read about that treacherous, prevaricating, murderous scumbag sitting down for a nice chat with Charlie Rose or attending some black-tie affair for a new glossy magazine without choking. Witness what Henry did in Cambodia – the fruits of his geni…

Pol Pot probably was more proximally at fault.[1] [1] https://en.wikipedia.org/wiki/Pol_Pot

It's a giant mess. I don't think Pot would have gained the support/power that he did without the US indiscriminate bombing. Much like the creation of ISIS and the strengthening of the Taliban in Afghanistan, it turns out people don't like the people dropping bombs on them. They'll turn to whoever is fighting the bombers.

The US involvement in Vietnam would have already been over before the uprising of Pot had Nixon and Kissinger not skuttled peace talks to help Nixon get elected.

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