Illegal Gambling Exploits UPI & Crypto Transfers: CUTS Report

Myanmar’s illegal gambling industry a nexus for cybercrime – Research

Myanmar continues to be a lawless region, with a new report highlighting how numerous scam centers also target online gambling as an outlet, with sinister recruitment across Southeast Asia. The post Myanmar’s illegal gambling industry a nexus for cybercrime – Research first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Illegal Gambling Exploits UPI & Crypto Transfers: CUTS Report

The United Payments Interface (UPI) system has become the primary channel for processing deposits on illegal gambling platforms, revealed a report from the think tank CUTS International published in May 2025. These operations centre around malicious mobile applications like XHelper, which present themselves as legitimate money transfer businesses but actually function as management systems for orchestrating large-scale money laundering. Other th…