U.S. Targets Huione Group Over $4B Crypto Laundering Ties
Huione Group laundered over $4B tied to crypto scams and North Korean cyber operations. FinCEN proposed banning Huione from U.S. banks under Section 311 of the Patriot Act. Huione launched a stablecoin to bypass enforcement and aid transnational laundering. The United States Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a rule that would bar … Read more