The Huione group, a conglomerate based in Cambodia that the US Treasury Department wishes to remove the American financial system, has received $ 98 billion in crypto since 2014 thanks to illicit regimes such as money laundering, pig butcher’s shop and online scams, according to the Elliptic blockchain security company.
The company, which has links to the HUN family in power of the Asian country, manages a market -based market where users can buy personal data, money laundering services and even electric chains intended to be used on human beings.
“The group Huione has been the subject of a meticulous examination this week, the network for applying the financial crimes of the US Treasury (Fincen) identifying the conglomerate based in Cambodia as an entity [of] Reduction of the money laminage, “said the elliptical co-founder Tom Robinson.
In January, the company presented its own stablecoin which, unlike third -party assets like USDT de Tether, cannot be frozen by external organizations. The Stablecoin, USDH, was created to “avoid restrictions on the transfer of traditional digital currencies”.
Despite the deployment of Stablecoin, Robinson said that the Moving of Fincen to tighten Huione is a “significant blow” for the conglomerate.
“It should serve as a wake-up to the wider financial ecosystem to strengthen the detection and disturbance of cross-border laundering networks,” he added.
Huione also received $ 150,000 from crypto from the North Korean group Lazarus, which stole approximately $ 3 billion in crypto between 2018 and 2024, according to a report by the Cybersecurity Society recorded future.
An attempt to contact the company by email did not receive an answer in publication time.
