The US Financial Crimes Enforcement Network (FinCEN) has designated the Huione Group as a major money laundering threat, citing its connection to $4 billion in cryptocurrency scams and […]
U.S. Treasury Targets Huione Group for North Korea Laundering Ties
The U.S. Department of the Treasury is proposing a rule that would cut off Huione Group, based in Cambodia, from accessing the US financial system. The move follows […]
U.S. Treasury Blocks Huione Group Over Alleged North Korean Crypto Laundering
The U.S. Treasury Department has taken decisive action against the Huione Group, a Cambodia-based company accused of facilitating cryptocurrency laundering for North Korea’s state-backed Lazarus Group. On May […]