Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
The United States sanctions Cambodian senators, and the crackdown on crypto scams continues to escalate
Golden Finance reports that on April 24th, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against Cambodian Senator Kok An, accusing him of controlling nationwide “scam parks” that defraud U.S. victims through cryptocurrency investment schemes.
According to a statement released by OFAC on Thursday, in addition to Kok An, 28 individuals and entities have been listed on the sanctions list, all believed to be connected to his scam network. The network is accused of using “high-yield investment” as bait to lure victims into sending cryptocurrency assets.
This action follows a raid by Cambodian police on two scam centers in the border city of Poipet. Previously, Kok An had been accused of operating scam bases in the region. OFAC stated that scammers often build “friendship” or “romantic” relationships to gain victims’ trust, then guide them to participate in so-called crypto investment platforms to defraud funds, with the total involved amount reaching millions of dollars.