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How a Billion-Dollar Cambodian Cybercrime Empire Was Built

DeFi Daily News by DeFi Daily News
August 1, 2025
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What once took place in the dark corners of the internet is now a sprawling ecosystem of illicit activity operating in plain sight – and one Cambodia-based operation seems to have made it all possible.

The US Treasury alleges a unit of a Cambodian conglomerate has been a key platform for money launderers handling more than $4 billion for clients including North Korean hackers and transnational crime groups.

How a Cambodian conglomerate helped supercharge Asia’s cyberscam industry, transforming it into a multibillion-dollar behemoth. Learn more: https://www.bloomberg.com/news/features/2025-08-01/huione-s-24-billion-hub-for-cybercrime-is-an-amazon-for-criminals

00:00 The one-stop shop for criminals
01:34 The House of Horrors
04:50 Internal documents
05:50 Coded language
06:47 Anyone can be a cyber criminal
08:09 Cybercrime infrastructure
10:10 Tendrils across the world
11:35 Tip of the iceberg

#Cybercrime #Scams #Cambodia #Documentary #Bloomberg

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Tags: BillionDollarBitcoinBloombergbloomberg quicktakebuiltbusinessCambodiaCambodianChinacrimecrime documentaryCryptocybercrimeDocdocumentaryEmpirefinanceFraudHe YanmingHuioneHuione GroupHun ManetHun Tomini docmini documentaryMoney LaunderingNewsquicktakequicktake originalsScamScamsTriadtrue crimetrue crime docunited statesworld news
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