southeast asia

Furthermore, Southeast Asia has emerged as a nexus for organized cybercrime syndicates. A recent UN report has documented how these groups are turning more and more to stablecoins. Digital currencies are intended to have a stable value against fiat assets such as the US dollar. Instead, they’re becoming the governing...

Sun-drenched beaches, rich cultures … and, increasingly, a booming center for crypto-driven cybercrime. We’re not just speaking of small time fraudsters. We're talking about a sophisticated, globally interconnected network that's quietly building a house of cards, brick by digital brick. I worry that house is about to fall down. If...

Southeast Asia has been at the world’s cutting edge of this cybercrime phenomenon, with regional cyberfraud eclipsing other types of transnational crime. Infrastructure built for customs criminal Infrastructure and stablecoins being used by regional criminal syndicates. Picture this. They are making possible global scams that steal millions from potential victims...