Sanctioned Cambodian Lender Huione, Linked to Illicit Crypto, Faces Bank Run
Cambodia’s Huione Pay, a core node of the Huione family of financial companies sanctioned by the United States, froze withdrawals on Monday and suspended operations for more than a month, triggering panic among users who rushed to its headquarters seeking deposits, local media reported. Regulators and U.S. authorities have long warned that Huione’s operations are…