News Explorer — Sanctioned Lender Huione Pay Freezes Withdrawals, Suspends Business Operations

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Dec 2, 6:49 am

Coindesk

Sanctioned Lender Huione Pay Freezes Withdrawals, Suspends Business Operations

Huione Pay, a key player in the Huione financial group, halted withdrawals and business operations for over a month due to U.S. sanctions, causing panic among users. Regulators had flagged Huione for money laundering and scam activities, leading to license revocation and severed ties with the U.S. financial system.

Huione Pay, a key player in the Huione financial group, halted withdrawals and business operations for over a month due to U.S. sanctions, causing panic among users. Regulators had flagged Huione for money laundering and scam activities, leading to license revocation and severed ties with the U.S. financial system.

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