Guo Wengui, an exiled Chinese industrialist, has been convicted of defrauding his supporters in a billion-dollar scam linked to his company, GTV Media Group. “Thousands of his online followers were victimized to enable Guo to live a life of excess.”…

North Korean hackers are increasingly handing off stolen cryptocurrency to professional intermediaries, who blend it with other criminal proceeds and convert it into conventional currency. Between January 2024 and September 2025, North Korea stole at least $2.8 billion in digital assets, according to a new report from the Royal United Services Institute (RUSI). Tracing the Path From Blockchain to Traditional Finance…

The U.S. Department of Justice (DoJ) on Tuesday announced the seizure of a cloud computing account put to use by subsidiaries of Cambodia-based corporate conglomerate HuiOne Group, as the Treasury unveiled fresh sanctions against nine individuals and 26 entities linked to Prince Group. "These subsidiaries are alleged to have assisted individuals and organizations in transferring proceeds of

The U.S. Department of Justice seized a cloud computing account used by HuiOne Group subsidiaries, including HuiOne Guarantee, which helped power a massive Telegram-based criminal marketplace tied to fraud, money laundering, and scam operations. The Treasury also imposed new sanctions on Prince Group-linked individuals and entities as authorities continue targeting Southeast...

The Justice Department seized cloud infrastructure tied to Huione Group, exposing backend systems used by Huione Guarantee to help move and conceal billions in fraud proceeds. Treasury also expanded sanctions on Huione-linked firms and Prince Group affiliates as U.S. officials target a major transnational scam and laundering network. #HuioneGroup #HuioneGuarantee #HaowangGuarantee #PrinceGroup #ChenZhi

South Korea has imposed its first independent sanctions on 15 individuals and 132 organizations linked to online scam operations in Southeast Asia, signaling