ChainCatcher News: The U.S. Department of the Treasury has imposed sanctions on Cambodian businessman Li Yongfa and his companies, accusing them of involvement in human trafficking and forced labor related to cryptocurrency scams. The sanctions freeze Li Yongfa's and his companies' assets in the United States and prohibit U.S. citizens from engaging in related transactions.Li Yongfa and his companies are accused of luring victims to scam centers and forcing workers to participate in cryptocurrency fraud. The Treasury emphasized that this action aims to hold accountable those criminals involved in human rights abuses and fraud. These sanctions are based on Executive Order 13818, which expands the Global Magnitsky Human Rights Accountability Act.