US Blacklists Cambodia’s Huione Group Over $4 Billion Money Laundering Allegations
The U.S. Treasury has blacklisted Cambodia’s Huione Group, accusing it of laundering over $4 billion in cybercrime-linked funds. The Treasury’s Financial Crimes Enforcement Network (FinCEN) identified Huione’s connections with North Korean hackers, cryptocurrency scams, and internet fraud syndicates. Other parties, including Google, Elliptic, and Cambodian authorities, confirmed Huione’s involvement in the alleged crimes. The US…