Sanctioned Cambodian Lender Huione, Linked to Illicit Crypto, Halts Business After Bank Run: Report

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Huione, a Cambodian lender linked to illicit crypto activities, has halted its business due to a surge in withdrawals following US sanctions and money-laundering allegations.

Market Impact

Market impact analysis based on bearish sentiment with 79% confidence.

Sentiment
Bearish
AI Confidence
79%

Article Context

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The scandal-plagued platform blamed a surge in withdrawals for its shutdown, the latest fallout from U.S. sanctions and money-laundering allegations targeting the wider Huione network.

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Original article published by Unknown on December 2, 2025.
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