Myanmar’s military-backed parliament passed an anti-cyber fraud law on Tuesday, according to foreign media reports. Under the measure, people who operate online scam compounds or carry out what the law describes as “digital currency fraud,” including cryptocurrency fraud, can face life imprisonment.
The law also sets heavy penalties for coercing others into online scam activity through violence, torture, or unlawful detention. In those cases, offenders may receive prison terms ranging from 10 years to life. If the offense leads to a victim’s death, the maximum penalty is death.
The bill links cryptocurrency-related fraud directly to the country’s broader crackdown on cyber-enabled crime, placing digital asset scams alongside organized online fraud operations in the same legal framework.
Myanmar’s military-backed parliament passed an anti-cyber fraud law on Tuesday, according to foreign media reports.
Under the law, people who operate online scam compounds or engage in “digital currency fraud,” including cryptocurrency fraud, can face life imprisonment.
The law also says that anyone who forces others to take part in online fraud through violence, torture, or unlawful detention may face 10 years to life in prison. If the case results in a victim’s death, the maximum sentence is death.
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