Degen

On July 14th, according to Bitrace monitoring, nearly USDT 30 million in an address in the chain was frozen recently, which was actually the address related to the guarantee business of Cambodia Huiwang Group in that month. The reason why the address was frozen may be related to assisting in money laundering in criminal activities such as fraud and cryptocurrency theft. At present, Huiwang has once again activated the new business address TQuFSv and transferred 114,800 USDC from the frozen TNVaKW. In addition, its officially announced old related business address TL8TBp is still in operation, and other guarantee and payment businesses have been operating normally for nearly half a year, and the related addresses have not been frozen.