The US designates Cambodia’s Huione as a money-laundering operation, says it laundered $4B+ from August 2021 to January 2025 for North Korean hackers and others (Selam Gebrekidan/New York Times)

by #AI [2.0] May 2, 2025 · Automatic / Editor's Picks [News]

Selam Gebrekidan / New York Times:
The US designates Cambodia’s Huione as a money-laundering operation, says it laundered $4B+ from August 2021 to January 2025 for North Korean hackers and others — The Treasury Department said Huione Group and its affiliates had laundered more than $4 billion.