FinCEN recommends ban on Huione Group

News story


Description

The U.S. Treasury’s FinCEN has proposed banning Cambodia-based Huione Group from the U.S. financial system for allegedly laundering over $4 billion through a global network tied to cybercrime, fraud, and North Korean hackers.

Maintainers

CptMoh

Publish date

May 2, 2025

Sources

US Treasury targets Cambodia's Huione in proposed rule, citing links to North Korean hackers
US Treasury Moves to Cut Off Cambodia’s Huione Group From Financial System Over $4B Laundering Claims
US Treasury wants to cut off Huione over ties to crypto crime
US targets Huione Group in crackdown on $4 billion crypto laundering network

Tags

05/02/2025
Week 18 of 2025