According to BlockBeats, on July 14, according to Bitrace monitoring, nearly 30 million USDT in a certain address on the chain was frozen recently. The address was actually an address related to the guarantee business of Cambodia Huiwang Group that month.

The reason for freezing the address may be related to assisting money laundering for criminal activities such as fraud and cryptocurrency theft. At present, Huiwang has activated the new business address TQuFSv again 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 the past six months, and the related addresses have not been frozen.