**🚨 U.S. Targets Cambodian Company Aiding North Korea’s Crypto Crimes 💸**
The U.S. says Huione Group (Cambodia) helped North Korea’s hackers (Lazarus Group 👾) hide stolen crypto money. Quick facts:
- U.S. Move: Stop Huione from using U.S. banks 🏦 to block illegal crypto-to-cash schemes.
- $4 Billion Dirty Money :
→ 🐷 $36M from scams (people tricked into fake crypto deals).
→ 💻 $37M from North Korea’s stolen crypto.
- Secret Tool: Huione made USDH, a “stablecoin” tied to dollars that can’t be frozen 🚫, helping hide illegal cash.
- Cambodia Acted: Banned Huione’s crypto work in March 2024.
Why It’s Important: To stop bad actors like North Korea from using crypto for illegal funding 🌍.
Your thoughts? Should stablecoins be regulated harder? 👇