The U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) imposed sanctions on Funnull Technology, a provider of technology for websites allegedly involved in so-called pig butchering scams,…
The US Treasury Department is seeking to bar the Cambodia-based Huione Group from accessing the American banking system, accusing the company of helping North Korea’s state-sponsored Lazarus Group launder cryptocurrency.The…
The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) proposed actions Thursday to sever Cambodia-based Huione Group from the U.S. financial system."For years, Huione Group has laundered illicit proceeds from…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureThe US Treasury Department is taking steps to sever financial ties with Cambodia-based Huione Group over its alleged…
Huione Group, the Cambodia-based conglomerate that the U.S. Treasury Department wants to cut out of the U.S. financial system, received $98 billion worth of crypto since 2014 through illicit schemes…