US Treasury Department sanctions Myanmar warlords and their militia group KNA
According to a statement from the US Treasury Department, OFAC has identified the Karen National Army (KNA) in Myanmar as a transnational criminal organization and sanctioned its leader Saw Chit Thu and his two sons for their involvement in criminal activities such as online fraud, human trafficking, and cross-border smuggling. The Thai Myanmar border area controlled by KNA has been used by multiple fraud groups to carry out online scams targeting American citizens. KNA not only provides shelter for online fraud groups, but also engages in virtual asset money laundering through cooperation with Cambodian financial institutions such as Huione Group, involving new forms of cryptocurrency scams such as "pig killing". The Ministry of Finance stated that similar scams have caused billions of dollars in losses to victims in the United States over the past three years. This sanction also involves its affiliated companies and land leasing activities.