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 […]
US Treasury Targets Huione Group Over Alleged Links to North Korea’s Lazarus Group
The US Treasury Department announced a major move against Cambodia’s Huione Group, proposing to sever ties with the financial services network due to its suspected involvement in laundering […]
US Treasury Targets Huione Group for Alleged Money Laundering: Ban Proposed
The U.S. Department of the Treasury has proposed banning the Cambodian firm Huione Group from the American financial system over alleged money laundering activities. The proposal, from the […]
U.S. Targets Huione Group, Seeking to Curb Money Laundering through Cybercrime
The U.S. Treasury Department has moved to cut off Cambodia’s Huione Group from accessing the U.S. financial system, citing money laundering concerns linked to cybercrime operations. This action […]