Cambodian legislation cracks down on crypto scam operations, with violators facing up to 5 years in prison

CycleProphet · 2026-04-04T03:28:39+00:00

The Cambodian Parliament has passed a new law criminalizing the operation of scam dens, with offenders facing 2 to 5 years in prison and fines of up to $125k. The bill awaits the king's signature, marking a significant step forward in Cambodia's efforts to combat cryptocurrency scams, though its effectiveness will depend on enforcement capabilities.

CycleProphet

2026-04-04 03:28:39

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Deep Tide TechFlow message, April 04, according to Finance Feeds, Cambodia’s parliament has recently unanimously approved a new bill with 58 votes in favor, officially criminalizing the operation of scam hubs. Under the bill, individuals involved will face 2 to 5 years in prison and a fine of up to $125k; if the case involves organized crime or multiple victims, the sentence will be doubled. The bill is currently pending the king’s signature to take effect officially. Against this legislative backdrop, the United Kingdom has imposed sanctions on operators of scam networks in Cambodia, and the Cambodian side has also extradited a person suspected to be the leader of a criminal syndicate to China. Analysts say that although the bill marks an important step for Cambodia in combating scams related to cryptocurrencies, its ultimate effectiveness will still depend on whether practical enforcement capabilities are actually implemented.

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