A New York Times investigation in March found that Huione's group of companies were at the heart of a global money laundering network for fraudsters, scammers and hackers.
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Cambodia's Huione Pay suspended operations after a bank run, leaving users stranded. US sanctions and money laundering allegations have devastated the platform linked to $4 billion in illicit proceeds.
Cambodia's Huione Pay, linked to illicit crypto and money laundering, announces a shutdown.
Huione Pay suspends operations amid surge in withdrawals and U.S. sanctions, following money laundering and crypto scam allegations.
Like the narco-state, a 'scam state' refers to countries where an illicit industry has dug its tentacles deep into institutions and transformed the economy ...
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A land mine has injured a Chinese man who was allegedly trying to cross illegally into Thailand from Cambodia ...
South Korea has unleashed its largest-ever sanctions package -- reportedly even larger than that deployed against North Korea -- targeting transnational crime syndicates in Southeast Asia.
China complained to Malaysia and Cambodia about the trade deals they signed with the US last month, underscoring the delicate balance countries must strike in the rivalry between Beijing and Washington.
Fresh Del Monte and THACO AGRI enter a long-term banana sourcing deal, with over 85,000 hectares in Vietnam, Cambodia and Laos and plans for pineapple.