Bitrace: Recently, the address with 30 million dollars in frozen funds is related to the guarantee business of Huiwang Group

2024-07-14 14:05:12

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ChainCatcher news, according to Bitrace monitoring, nearly 30 million USDT has been frozen in a certain on-chain address recently. This address is actually related to the guarantee business with the Cambodia Huibang Group for the current month.

The reason for the freezing of this address may be related to money laundering associated with criminal activities such as assisting fraud and cryptocurrency theft. Currently, Huibang has reactivated a new business address TQuFSv and transferred 114,800 USDC from the frozen TNVaKW.

In addition, the old related business address TL8TBp announced by the official is still in operation, and other guarantee and payment businesses have been operating normally for nearly half a year, with none of the related addresses being frozen.

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Bitrace Huiwang Guarantee Tether

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