by: xpoolPosted on:

U.S. Treasury Targets Huione Group for $4 Billion Laundering Scheme

The U.S. Treasury Department has announced sanctions against the Cambodia-based Huione Group, accused of laundering over $4 billion in illicit funds, including substantial amounts linked to North Korean cyber activities. These actions aim to sever Huione’s access to the US financial system and disrupt criminal operations that rely on its services for transferring stolen assets.

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