UNODC URGES SOUTHEAST ASIAN COUNTRIES TO CRIMINALIZE UNLICENSED VASPs TO COMBAT FRAUD The UNODC is calling for Southeast Asian countries to take legal action against unlicensed virtual asset service providers (VASPs), citing their role in enabling organized crime. The report… https://t.co/JMuPniNhGT
UN SAYS LOCK UP UNLICENSED CRYPTO SERVICES IN SOUTHEAST ASIA TO FIGHT FRAUD The UN Office on Drugs and Crime (UNODC) wants Southeast Asia to criminalize unlicensed crypto services after finding some tied to drug trafficking and cybercrime. VASPs are reportedly funneling cash… https://t.co/gZz1hMPNLo
UN URGES TOUGHER LAWS ON UNLICENSED CRYPTO OPERATORS IN SOUTHEAST ASIA The UN Office on Drugs and Crime is urging Southeast Asian nations to criminalize unlicensed virtual asset service providers (VASPs) to combat rampant cyber fraud linked to organized crime. A recent report… https://t.co/uGP7hRQZSU

The Indian Cyber Crime Coordination Centre issued a public advisory on Saturday addressing the rising number of 'digital arrest' scams in India. These scams involve victims receiving phone calls from unknown numbers, often claiming to be from courier companies or other entities, and alleging that the victim's personal information is linked to illegal activities. In one instance, a journalist was digitally trapped for hours after receiving a call claiming her Aadhaar number was linked to a parcel containing drugs. The UN Office on Drugs and Crime (UNODC) released a report urging Southeast Asian countries to criminalize unlicensed virtual asset service providers (VASPs) to combat rampant cyber fraud linked to organized crime. The report highlights the role of these unlicensed VASPs in enabling organized crime, including drug trafficking and cybercrime.

