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The crypto space is evolving fast — but so are the hackers. And now, with AI entering the game, a dangerous new threat is rising: AI-powered cyber attacks. Here’s why you should be paying attention: 🤖 AI tools can write malicious code in seconds – Faster, smarter, and harder to detect 🎯 AI can mimic human behavior – fooling KYC systems, faking IDs, even social engineering victims 🧠 Machine learning adapts – AI learns how DeFi protocols work, finds weaknesses, and hits them harder each time 🔍 AI bots scan networks 24/7 – looking for smart contract vulnerabilities before humans ever notice Recent examples: – Some phishing emails are now 100% AI-written and indistinguishable from legit support messages – AI tools like WormGPT (a ChatGPT clone for cybercrime) are already being used to design crypto wallet drainer scripts – Hackers are using AI to fake Twitter influencers, pump fake tokens, and vanish with the cash Why this is scary: Traditional security systems aren’t ready for AI threats. Most projects focus on human hackers — but bots that never sleep, never make mistakes, and always adapt are already here. What you can do: ✅ Use AI-monitoring tools and alerts ✅ Stay updated on scam patterns — they evolve fast now ✅ Never rely on just one layer of security — double up your wallet protection ✅ Spread awareness — crypto safety now requires AI-level thinking Final thought: AI can be powerful for good — but it’s also becoming the ultimate weapon for bad actors. The future of crypto security depends on staying one step ahead.

#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy. $BTC

The United States (US) blacklisted Cambodia’s Huione Group for laundering $4 billion in crypto scams linked to North Korean hackers. US sanctions Cambodia-based firm amid $4 billion fraud linked to North Korea The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has designated Huione Group, a Phnom Penh-based financial conglomerate, as a “primary money laundering concern,” accusing it of facilitating over $4 billion in illicit transactions tied to North Korea and Southeast Asian crime networks. “For years, Huione Group has laundered illicit proceeds from cybercrimes,” FinCEN stated in its official notice, filed under Section 311 of the USA PATRIOT Act.  The designation enables the US to ban all domestic financial institutions from maintaining correspondent accounts with Huione Group or its subsidiaries. FinCEN’s investigation identified Huione Pay PLC, Huione Crypto, and Haowang Guarantee as major conduits for laundering activities.The entities are accused of serving criminal enterprises through lax internal controls and insufficient Know Your Customer (KYC) procedures. Investigation unveils criminal ties to North Korea  Investigators have directly linked Huione’s platforms to cybercriminal activity between August 2021 and January 2025. FinCEN data shows that approximately $4 billion was processed through suspicious accounts, including: $37 million tied to North Korean cyber heists $36 million from crypto investment scams Over $300 million from various online fraud operations Huione allegedly acknowledged that its internal compliance procedures required “significant improvements,” particularly after it was found to be transmitting funds originating from DPRK-linked cyber operations. In response, the National Bank of Cambodia revoked Huione Pay’s operating license in January 2025. Tech giant Google followed suit in July 2024 by removing Huione Guarantee from its app platform after blockchain analytics firm Elliptic traced its networks to illicit activity. Despite mounting evidence, Huione Group has yet to issue a public statement and continues to evade media contact. What’s next? The proposed US sanctions against Huione could send shockwaves across crypto exchanges and trading platforms globally.  After the SEC dropped a flurry of charges against major crypto firms like Robinhood, Coinbase and Uniswap, FinCEN’s latest sanction on Cambodia-based Huione Group signals a regulatory will to push against unregulated crypto intermediaries, particularly those operating in Southeast Asia. While FinCEN has not disclosed whether cryptocurrency transactions will face fresh regulations, the Treasury recently increased transaction scrutiny for cross-border payments above $200, prompting speculation of further restrictions. $LTC $IOST $ETH $BTC

The Financial Crimes Enforcement Network (FinCEN), an arm of the U.S. Treasury, has moved to restrict Huione Group from accessing the American financial system, citing its alleged role in processing billions in illicit funds. - Investigators believe Huione played a key role in moving over $4 billion in illegal proceeds between 2021 and 2025, including digital assets connected to North Korea’s Lazarus Group—a hacking syndicate previously tied to high-profile cyberattacks. Of that sum, around $37 million involved cryptocurrency directly traced back to North Korean operations. - Huione’s platform reportedly functions as a digital hub offering both traditional and crypto-based financial services, along with a marketplace that caters to online fraud networks. The firm has even launched its own stablecoin, which authorities suspect is being used to help obscure the flow of criminal funds. - If the U.S. formally designates Huione as a threat to the financial system, the company would lose access to U.S. correspondent banking relationships, limiting its ability to conduct international transactions. Cambodian authorities have already taken action: the National Bank of Cambodia revoked the company’s license in March, citing violations of domestic rules banning digital asset activity by payment processors. - The case underscores growing concerns among global regulators about the role of loosely regulated platforms in enabling cyber-enabled financial crime—especially those tied to hostile nation-states. -

The United States Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a rule that would bar the Cambodia-based Huione Group and its affiliates from accessing the U.S. financial system. The agency cited serious allegations of money laundering tied to cybercrime operations, including links to the North Korean hacker group Lazarus. The Financial Crimes Enforcement Network identified Huione as responsible for laundering $4 billion between August 2021 and January 2025 through North Korean cyber thefts, amassing at least $37 million. According to Treasury Secretary Scott Bessent, the USA PATRIOT Act Section 311 proposed action seeks to interrupt Huione’s role as a financial channel benefiting illicit actors. “This proposed action will sever Huione Group’s access to correspondent banking, degrading these groups’ ability to launder their ill-gotten gains,” Bessent said in a formal statement released Thursday. FinCEN’s filing accused Huione of supporting a wide array of illegal activity, including transnational crypto scams and so-called “pig butchering” frauds. Using fake romance or investment schemes, these scams lure victims into fake romantic or investment schemes, extracting crypto assets from their victims. According to blockchain analytics firm Elliptic, Huione offered personal data services, hosted payment platforms, and operated online marketplaces used by cybercriminals. Its infrastructure included Telegram-based chat groups to coordinate laundering operations and sell illicit tools. One platform, Haowang, was described in a UN report as a “one-stop shop” for cyber scam services. Related: Gemini, Binance Breach Claims Surface: Is Your Crypto Account Data at Risk? Earlier this year, Huione reportedly introduced a proprietary stablecoin, a digital asset intended to help bypass enforcement actions and seizure efforts by authorities. FinCEN noted that although Huione lacks direct relationships with U.S. banks, the new rule would proactively prevent American financial institutions from opening or managing any accounts tied to Huione entities. Also, banks would need enhanced scrutiny of transactions linked to the group. This proposal represents the most aggressive U.S. action yet against Huione Group. The New York Times previously reported Huione’s role as a central node in a global laundering network, facilitating billions in transactions that supported scams and state-linked cyberattacks. The action also follows growing international concern over Southeast Asian laundering hubs. The United Nations Office on Drugs and Crime had recently warned that similar networks were multiplying in the region, potentially weakening enforcement impact. Huione has yet to respond to the proposed rulemaking. FinCEN has opened a 30-day public comment period following the rule’s publication in the Federal Register. The decision would mark a significant step in U.S. efforts to disrupt financial infrastructure aiding state-backed cybercrime and crypto fraud if finalized. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.