Philippine Senator Demands Harsher Penalties For Crypto‐Involving Crimes After Local Scam


Philippine opposition Senator Leila de Lima is pushing fellow senators to move forward with her bill to impose stricter penalties for cryptocurrency‐related crimes, according to a press release from the Philippine Senate published April 16.

De Lima, a former justice secretary, underscored the urgency of Senate Bill (SB) No. 1694, following the arrest on April 4 of two suspects for an alleged local Bitcoin scam involving P900 mln ($17.2 mln):

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