Wu Blockchain (@WuBlockchain): On May 5, 2025, OFAC designated the Karen National Army (KNA), a militia group in Burma, for involvement in transnational crimes including cryptocurre…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
On May 5, 2025, OFAC designated the Karen National Army (KNA), a militia group in Burma, for involvement in transnational crimes including cryptocurrency-related fraud. KNA facilitated large-scale online scams through fake crypto investment platforms, resulting in over $2 billion in U.S. victim losses in 2022 and $3.5 billion in 2023. OFAC also identified Huione Group as a key laundering channel for illicit virtual asset proceeds. home.treasury.gov/news/press-rel…