CoinVoice has recently learned that according to Bitrace monitoring, nearly 30 million USDT in a certain address on the chain has been frozen recently. The address is 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, the old business address TL8TBp officially announced by the company is still in operation, and other guarantee and payment businesses have been operating normally for nearly half a year, and the relevant addresses have not been frozen. [Original link]