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By Jesse Hamilton|Edited by Nikhilesh De
Updated May 5, 2025, 3:38 p.m. Published May 5, 2025, 3:22 p.m.
- The U.S. Treasury Department has targeted a Burmese militia group with sanctions for allegedly overseeing an elaborate cyber crime organization that stole crypto assets from U.S. citizens.
- The militia was said to have fostered so-called “pig butchering” on an industrial scale.
A militia group in Burma that allegedly runs a large-scale haven for cyber scammers, the Karen National Army, has been blocked from the U.S. financial system by the Department of the Treasury.
The U.S. authorities said Monday that the organization has provided a haven for transnational criminal organizations who use the border region controlled by the KNA to run illicit operations such as human trafficking and smuggling. The group, which is said to have ties with the Burmese military, is also accused of fostering cyber scams and crypto thefts on an “industrial scale” tied to billions of dollars in losses.
STORY CONTINUES BELOW
Under KNA’s control, hotels and casinos were retrofitted to house elaborate “pig butchering” scam operations in which U.S. citizens were lured with fraudulent romantic ties and had money stolen from them in the form of cryptocurrency, according to the Treasury Department. Those engaging in the scams were themselves often held captive or under pressure to run months-long thefts that sometimes used attractive models to engage in video calls.
In the new U.S. sanctions — also specifically targeting the organization’s leader, Saw Chit Thu, and his sons, Saw Htoo Eh Moo and Saw Chit Chit — the Treasury’s Office of Foreign Assets Control is blocking any use of U.S. assets or interactions with U.S. people or entities.
This action follows closely on the heels of last week’s move by the U.S. to sever the Cambodian company Huione Group from the financial system. Huione was said to provide a money-laundering outlet for criminal organizations in Southeast Asia.
Read More: Cambodian Huione Group Received $98B in Crypto Leading to U.S. Crackdown: Elliptic
Jesse Hamilton is CoinDesk’s deputy managing editor on the Global Policy and Regulation team, based in Washington, D.C. Before joining CoinDesk in 2022, he worked for more than a decade covering Wall Street regulation at Bloomberg News and Businessweek, writing about the early whisperings among federal agencies trying to decide what to do about crypto. He’s won several national honors in his reporting career, including from his time as a war correspondent in Iraq and as a police reporter for newspapers. Jesse is a graduate of Western Washington University, where he studied journalism and history. He has no crypto holdings.
