1. They claimed that the scam runners are been tracked down to Cambodia and it will be extremely hard from this point to get the rest of the money back.
My question IS, does this mean that any criminal that entered Cambodia can't be arrested?
Recovering stolen funds can be very complicated. Even after the funds have been retrieved from criminals, it had to go through some bureaucratic process, which might include court orders for it to be sent to the owners. Another issue is that Cambodia has a high rate of corruption, so we should expect some delay. Victims need to be patient because they also share some blame for investing in a Ponzi scheme.
2. They also said that the fund recovered can't be paid back in USDT probably because of the inflation of the fiat currency in the country? But why?
I asked why because these people paid in USDT in the first place, they must have exchange their Fiat to USDT, since the funds are recovered like they claimed they should settle them back with what was recovered.
I don't think this is fair justice served, BTC should be paid back in BTC likewise USDT, do you think otherwise? Drop your reason.
I read some articles about this issue and the EFCC boss didn't give a clear reason why they will not be paid in dollars. It is possible he is not knowledgeable about the crypto industry.
However, the most important thing here is not the currency that victims will receive payment but for them to get back the equivalent in the local currency. They can always convert it back to the currency they prefer. For me, justice is getting back the right amount.