U.S. Treasury Sanctions Karen National Army for $3.5B Crypto Scam
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 05 2025U.S. Treasury Sanctions: The U.S. Treasury sanctioned the Karen National Army (KNA) for its involvement in a $3.5 billion cryptocurrency scam, highlighting efforts to combat illicit crypto activities and impacting global financial systems.
Impact on Crypto Regulations: The sanctions may lead to stricter compliance measures for cryptocurrency exchanges, reflecting increased scrutiny on transnational digital crime similar to past actions against North Korean hacking groups.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
