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Bitsky000

06/24 03:55

US Treasury targets Huione workaround as FinCEN mo

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US Treasury targets Huione workaround as FinCEN moves against H-Pay in crypto scam crackdown The U.S. Treasury Department has expanded its crackdown on a Southeast Asia-based fraud network. It sanctioned dozens of individuals and entities while proposing new restrictions against H-Pay, a payment firm regulators say emerged from the remnants of the notorious Huione Group. In a coordinated action announced on 23 June, the Treasury’s Office of Foreign Assets Control [OFAC] sanctioned nine individuals. Also, it sanctioned 26 entities linked to the Prince Group Transnational Criminal Organization [TCO]. 
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