TRM: 34 casinos in Cambodia received $1.07 billion in cryptocurrency assets, of which 64% of the funds flowed into casinos linked to OFAC-sanctioned networks

According to TRM data, from January 1 to September 7, 2026, the 34 physical casinos in Sihanoukville, Cambodia received approximately $1.07 billion in cryptocurrency. Of this, 64% of the funds flowed to casinos associated with networks sanctioned by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), and 99.9% of the funds were transferred in the form of USDT on the TRON chain.

The monthly inflow of funds averaged $148 million per month from January to May, dropping to about $95 million in July and August, but it did not completely stop. These casinos converted USDT into cash and conducted almost no necessary due diligence on customers.

In addition, pawn shops, supermarkets, and exchange counters throughout the city also offer "cryptocurrency to cash" services.