Huione Laundered Millions Through South Korean Exchanges

The US recently sanctioned Cambodia-based Huione Group, calling it a transnational crime organization. Authorities have now confirmed that the group laundered criminal funds through South Korean cryptocurrency exchanges. Data from South Korea’s Financial Supervisory Service (FSS) shows significant capital movements. Bithumb Processed Most of the Suspicious Transactions Huione’s subsidiary, Huione Guarantee, conducted extensive transactions with Korean won-market exchanges over the past three years source: https://beincrypto.com/south-korea-crypto-link-cambodia-huione-crime-network/