The US Treasury Department has ordered the blockage of Huione, a Telegram-based illegal market, designating it as a money-laundering risk. This action, reported by CoinDesk, is a response to Huione's facilitation of cybercrime, including activities linked to North Korean hackers. FinCEN highlighted Huione's role in laundering cryptocurrency proceeds from scams targeting Americans, stating that billions of dollars have been stolen. Huione, operating from Cambodia with Chinese roots, had recently introduced its own stablecoin, USDH. This action underscores the US government's commitment to combating illicit financial activities in the digital space and protecting citizens from financial exploitation. ```