The U.S. Treasury Department has imposed sanctions on Huione Group, a Cambodian firm, for its role in laundering over $4 billion in cryptocurrencies. This action highlights the global […]
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 […]
US Treasury Targets Huione Group for Alleged Links to North Korea’s Cryptocurrency Money Laundering
The U.S. Treasury Department is taking action against the Huione Group, a Cambodia-based company accused of laundering billions in illicit cryptocurrency, potentially connected to North Korea’s notorious Lazarus […]
US Cracks Down on Huione: Cryptocurrency Platform Linked to Criminal Activity
The US government has taken aim at Huione, a Telegram-based platform operating as an illegal marketplace for cryptocurrencies. This move by the Financial Crimes Enforcement Network (FinCEN) signifies […]
U.S. Cuts Huione Group Off from Financial System
The U.S. government has taken significant action against the Huione Group, a Cambodian-based company with operations in cryptocurrency, by restricting its access to the financial system. This move […]
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. Treasury Targets Huione Group over Alleged Crypto Crime Ties
The U.S. Treasury is taking action against Huione Group, a Cambodia-based company linked to North Korean crypto crimes, aiming to disrupt the flow of illicit funds through the […]
U.S. Treasury Isolates Huione Group Over Crypto Ties, Potentially Disrupting Illicit Activities
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) plans to restrict the access of the Huione Group, a major Cambodian-based entity, to U.S. banking due to its alleged […]
US Treasury Targets Huione for Laundering Cryptocurrency Funds Linked to North Korea
The US Treasury Department is taking action against the Huione Group, a Cambodian-based conglomerate accused of helping North Korean state-sponsored hackers launder cryptocurrency funds. The group faces a […]
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 […]
Chinese Crypto Trader Sentenced for Facilitating Illegal Transfers
Xiao Yang, operating from Sunwu County, utilized WeChat to connect buyers and sellers of USDT, offering slightly higher rates than those found on the OKX exchange. As a […]
Crypto Trader Jailed for $16 Million USDT Money Laundering Scheme
A Chinese court has sentenced a cryptocurrency trader, Xiao Yang, to prison for operating a large-scale money laundering scheme involving USDT transactions. He used WeChat for buyer and […]
Crypto Money Laundering Case: Ekaterina Djanova’s Potential Release Raises Concerns
Ekaterina Djanova, dubbed the ‘shadow banker,’ faces a legal twist that could set her free after two years in prison. This case highlights a complex intersection of cryptocurrencies, […]
Organized Crime Uses Meme Coins to Conceal Illegally Gained Funds
Instead of relying on established cryptocurrencies like Bitcoin or Ethereum for money laundering, a UK crime gang has taken a novel approach: they’ve created their own meme coin. […]
Binance Lawsuit Moves to Florida: Court Consolidates Actions Over Money Laundering Allegations
A U.S. court has transferred a money laundering lawsuit targeting cryptocurrency exchange Binance to the Southern District of Florida, streamlining legal proceedings. The decision stems from Judge Barbara […]