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Brendan Hanifin Discusses Implications of U.S. Treasury Sanctions on Cambodian Tycoon in 'Pig Butchering' Crypto Scam
September 19, 2024
BOSTON, Massachusetts, Sept. 19 -- Ropes and Gray, a law firm, issued the following news:

The U.S. government recently announced sanctions against Cambodian tycoon Ly Yong Phat and several of his businesses, including conglomerate LYP Group, for alleged human rights abuses, including human trafficking and torture, tied to a 'pig butchering' scam involving a fake cryptocurrency investment platform.

With the U.S. Treasury Department's Office of Foreign Assets Control plac . . .

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