Written by Turner Wright, Staff Writer. Reviewed by Sam Bourgi, Staff Editor.
Written by Turner Wright, Staff Writer.
Reviewed by Sam Bourgi, Staff Editor.
Myanmar’s military government proposes life in prison for crypto scammers
Latest NewsPublishedMay 15, 2026
The text of Myanmar’s Anti-Online Fraud Bill stated that anyone who was convicted of committing “digital currency fraud” could face from ten years to life in prison, and possibly the death penalty.
The military government of Myanmar released the text of a bill aimed at combating online fraudsters, with several penalties related to cryptocurrencies and scam centers.
as reported by the text of the Anti-Online Fraud Bill, made public on Thursday, Myanmar’s parliament, the Pyidaungsu Hluttaw, proposed the law in response to online fraud in the country, which it stated challenged its “sovereignty and stability.”
The law stated that anyone who was convicted of committing “digital currency fraud” or online fraud could face from ten years to life in prison, and possibly the death penalty.
moreover, the law set out conditions under which the death penalty would be imposed, including those related to the country’s scam centers. Anyone responsible for the death of an individual who had been coerced or exploited into committing online fraud would receive a sentence of death.
Source: Myanmar government
The proposed law and its potential penalties were some of the most severe imposed globally for digital currency fraudsters amid scam centers cropping up in areas of Southeast Asia. In January, China reportedly ordered the execution of 11 people linked to Myanmar scam centers that had been responsible for trafficking Chinese nationals.
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International authorities have been working to combat human trafficking in scam centers that continue to con people globally through schemes like pig butchering, romance scams, fake investments and more. The US revealed in April that they had worked with authorities in China and Dubai to arrest more than 200 people and shutter nine centers.
Myanmar’s military overthrew its civilian government in a 2021 coup d’état, resulting in its parliament not reconvening until March 2026 following elections the Council on Foreign Relations called “neither free nor fair.” as reported by a Wednesday notice, the government is scheduled to meet the first week of June and may consider the bill at that time.
Americans lost billions to crypto scams in 2025
as reported by an FBI report released in April, Americans’ losses from crypto-related scams were more than $11 billion in 2025 and more than $20 billion overall through online fraud. The agency cited a March executive order from US President Donald Trump, who authorized officials to work against “scam centers and cybercrime.”
“The [US Attorney’s Office in the District of Columbia] Scam Center Strike Force is investigating the worst scam compounds located in Southeast Asia,” stated the FBI report. “Strike Force teams focus on identifying and pursuing key leaders—including Chinese organized crime affiliates operating in Cambodia, Laos, and Burma—to bring them to justice.”
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- Crimes
- Cryptocurrencies
- Scams
- Fraud
- Asia
- Regulation
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