Illegal encryption mining “a powerful tool” for electronic crime unions: the United Nations Report

The United Nations alarm appeared on a new stage of global organizing crime, as Crypto Mines helps in militia -run factories, Stablecoins help wash billions, and TELEGAM hosts black markets.

A new report from the United Nations Office on Narcotics and Crime (UNODC) reveals that criminal groups cross from East and Southeast Asia expand their operations quickly around the world, using illegal. Exaggeration of encryption As a powerful tool for washing billions in illegal returns.

The report entitled “Assembly point: The global effects of fraud centers, underground banking and illegal banking services on the Internet in Southeast Asia“Documents how these unions are included in areas with weak supervision, from Zambia and Nigeria to Tonga and the Middle East.

The groups vary beyond fraud and trafficking, as they build full online ecological systems that include unlicensed EncryptionCracks tools, and StablecoinsThe authors of the report said that to provide a fraud economy on a industrial scale.

The agent of UNDC, the agent of the agency’s regional actor, said in one of the regional representatives of the agency, the regional representative of the prosecutor, in one of the regional representatives at UNODC, the agency’s agent, in one of the actors, in one of the actors, in one of the actors. Regionalists in UNDC statement.

“It spreads like cancer,” added Hoffman. “The authorities treat them in one field, but the roots never disappear – they are simply migrating.”

The report referred to the Huione warranty, which was recently renovated, as a central center in this underground economy.

With more than 970,000 users and 24 billion dollars in encryption flows since 2021, according to what was reported, the Cambodia platform has become one store for washing tools, fake identities and fraud services, as many of them are now provided on Telegram with the growth of implementation pressure.

The platform also launched its Stablecoin, BlockchainThe report’s authors said Crypto Exchange and online gambling products are designed to “defraud government controls.”

Hoffman said: “The rapprochement between the acceleration of these operations and the attack on the one hand and their geographical expansion in new parts of the region and beyond is translated into a new intensity in the industry – one governments need to be prepared to respond to.”

Some Huione sellers are now targeting judicial states such as Nigeria, Namibia and Angola, which indicates the wider global imprint of the platform.

Outside the network, the encryption mining

Exaggeration of encryption is of special value to these groups because it greatly avoids anti -laundry control, says Undoc.

By stealing electricity and operating outside the network, gangs can generate clean digital assets, with the lowest cost with a little tracking.

In areas such as Libya, where the costs of electricity are among the lowest rates in the world, these operations caused power outages at the city level, according to Libyan officials mentioned in the report.

The recent results are based on the first -time warnings in the 2024 UNODC report, which highlighted the increasing rapprochement in encryption, Internet crimes, and Amnesty International in Southeast Asia.

This report warned that organized crime groups were “”Exploiting weaknessesThroughout the region, with its operations that quickly outweigh the governments’ ability to respond.

In 2023 alone, Americans lost $ 5.6 billion due to encryption fraud, with $ 4.4 billion for “” “Slaughter of pigs “ The plans are tracked to Southeast Asia.

Meanwhile, East and Southeast Asian countries have reported an estimated 37 billion dollars of electronic fraud, and most of them were directed through encryption -based washing tools.

Decipher Contact UNODC for an additional comment and will update this story if a response is received.

Exclusive expression of regional chaos

In March, Disclosure of Thai authorities 63 Illegal machines for the manufacture of encryption that operate from abandoned buildings in Bathoum Second Province. The process, which is controlled remotely, resulted in the theft of electricity exceeding $ 300,000.

In the neighboring Malaysia, a The explosion of the house in February The authorities led to a secret mining preparation, only one of many disclosure in the country’s ongoing campaign.

At the same time, Iran Experienced The power outage in Tehran and other provinces in late 2024, with doubts that unauthorized encryption mining was contributing to pressure on the energy network.

To address this issue, the United Nations called for urgent multiple action, including the need to “monitor and investigate threats” such as coding fraud, enhance the legal frameworks for “recovering assets and investigation”, and enabling cross -border coordination by “exchanging information in time”.