Huione Wallets Moved $1B to Crypto Exchanges Since FinCEN Action

Huione wallets moved $1B to crypto exchanges since FinCEN action - WorldNL Magazine

Major centralized exchanges (CEXs) have been exposed to nearly $1 billion in USDt transfers linked to wallets associated with Huione since its illicit marketplace was supposedly shut down, according to new data from Global Ledger.On May 1, the US Financial Crimes Enforcement Network (FinCEN) designated Huione as a primary money laundering concern under the PATRIOT Act. Since then, forensics experts have been divided on the extent of the platform…

Huione Wallets Shift $1B to Exchanges Post-FinCEN Move

In a significant development within the cryptocurrency industry, several wallets associated with the notorious ransomware group Hive have reportedly transferred substantial sums of cryptocurrency to different exchanges. This move comes shortly after the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) identified these wallets in a recent report, highlighting ongoing concerns about illegal financial activities in th…

Crypto Exchanges Exposed to $1B in Huione-linked USDT outflows | The New York Ledger

Significant central exchanges (CEXs) have actually been exposed to almost $1 billion in USDt transfers connected to wallets related to Huione because its illegal market was allegedly closed down, according to brand-new information from International Journal. On Might 1, the United States Financial Crimes Enforcement Network (FinCEN) designated Huione as a main cash laundering issue under the PATRIOT Act. Ever since, forensics professionals have …

Huione wallets moved $1B to crypto exchanges since FinCEN action – MAXBIT

Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group. Major centralized exchanges (CEXs) have been exposed to nearly $1 billion in USDt transfers linked to wallets associated with Huione since its illicit marketplace was supposedly shut down, according to new data from...

Huione wallets moved $1B to crypto exchanges since FinCEN action

Nearly $1 billion in USDT tied to Huione wallets has entered major centralized exchanges despite a US crackdown, according to new data from Global Ledger.