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

The reason for the freezing of the address may be related to assisting in money laundering for criminal activities such as fraud and cryptocurrency theft. At present, Huiwang has reactivated 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.