The payment business of the Cambodian conglomerate Huione Group — Huione Pay — has suddenly ceased operations and frozen payouts. Local media report this.
Queues of investors trying to retrieve their assets have formed at the company's headquarters in Phnom Penh.
A plan for deferred payments from Huione is posted on the office doors, stating that the service has faced a "mass influx of withdrawal requests." In response, the platform is implementing a special schedule.
