Tag: virtual_currency_scams

FinCEN Moves to Block H-Pay Service PLC, Successors from U.S. Financial System

23 Jun 2026 11:17 a.m. · Source: Financial Crimes Enforcement Network

FinCEN proposes to sever Cambodia-based H-Pay Service PLC and its successors from the U.S. financial system. This move targets Huione Group's attempts to launder proceeds from cyber heists and virtual currency scams, preventing circumvention of existing rules.

Politics and Government Business Law Enforcement Cambodia Federal Government Economy Legal Financial Markets Computers and Internet FinCEN Huione Group H-Pay Service PLC Money Laundering Cybercrime Virtual Currency Scams Financial Crimes Enforcement Network