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by: xpoolPosted on: May 2, 2025

US FinCEN Targets Huione Group for Alleged $4 Billion Money Laundering Scheme

The US Financial Crimes Enforcement Network (FinCEN) has initiated proceedings to blacklist Huione Group, a financial entity based in Phnom Penh. This move stems from allegations of significant money laundering activity exceeding $4 billion between August 2021 and January 2025. The proposed blacklisting underscores growing regulatory scrutiny on financial institutions.

Related posts:

  1. US Cracks Down on Huione: Cryptocurrency Platform Linked to Criminal Activity
  2. US Treasury Targets Huione Group for Alleged Money Laundering: Ban Proposed
  3. U.S. Cuts Huione Group Off from Financial System
  4. US Treasury Targets Huione Group for Alleged Links to North Korea’s Cryptocurrency Money Laundering
Cryptocurrency FinCEN Money Laundering

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