India arrests suspect linked to cryptocurrency scam park in Myanmar.

PANews reported on March 27 that, according to Decrypt, India's Central Bureau of Investigation (CBI) arrested Mumbai resident Sunil Nellathu Ramakrishnan, accusing him of being a key figure in a transnational trafficking network who lured multiple Indians to cryptocurrency scam parks in Myawaddy, Myanmar. Victims were transported from Delhi to Bangkok under the guise of legitimate work, then transferred to scam parks such as KK Park, where they were forced to engage in "pig butchering" scams and cryptocurrency investment fraud, and subjected to illegal detention and physical abuse.

The agency stated that it successfully located and arrested Ramakrishnan using intelligence provided by an Indian victim who escaped and was repatriated from the park last year. Interpol has listed the fraud park network as a transnational criminal threat, affecting victims in more than 60 countries. The United States has previously frozen more than $580 million in related cryptocurrency assets, and one organizer of the "pig butchering" scam has been sentenced to 20 years in prison.