U.S. Treasury Slams Huione Group with Sanctions Over Alleged Crypto Laundering Scheme
The U.S. Treasury just dropped the hammer—Huione Group faces a full blockade amid claims it turned crypto into a laundromat for dirty money. Another day, another ’regulated’ finance player playing hide-and-seek with compliance.
Crackdown Mode Activated
No warnings, no wrist-slaps—just a straight-up asset freeze. Treasury’s move signals it’s done tolerating crypto’s wild west era. Meanwhile, Huione’s alleged ‘innovation’ was just old-school money laundering with a blockchain veneer.
Finance’s Irony Strikes Again
Banks fume about crypto’s risks… while quietly processing more illicit cash annually than all darknet markets combined. But sure, blame the tech.