U.S. Moves to Sever Huione Group Over Money Laundering Concerns
On May 1, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) took a decisive step against Cambodia-based Huione Group, identifying it as a “financial institution of primary money laundering concern” under Section 311 of the USA PATRIOT Act. This move, if finalized, would effectively cut Huione Group off from the U.S. financial …
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