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UN: Southeast Asian scam networks stole up to $114 billion in a year, increasingly use crypto

The UN Office on Drugs and Crime (UNODC) warns that Southeast Asian scam networks cost victims up to $114 billion in a single year. Once-fragmented criminal syndicates have merged into a single, tech-driven criminal economy that relies increasingly on cryptocurrency. The UNODC says the scale and technical sophistication of these operations are growing rapidly.