PANews reported on July 14 that blockchain data analysis company Bitrace said on the X platform that TRON address TNVaKW was frozen by Tether for more than 29.62 million USDT on July 13. After analysis, it was confirmed that the address was the guarantee-related business address activated by Cambodia Huione Group on July 9, 2024. At present, Huione 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. The reason for the freezing of TNVaKW may be related to assisting in money laundering for criminal activities such as fraud and cryptocurrency theft.
