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Wu said that according to a report by the Cambodia-China Times, Huione Pay in Cambodia suddenly announced its closure from December 1 to January 5 next year due to a large-scale run on funds. A large number of users are queuing outside the headquarters in Phnom Penh, and stores have posted a Chinese 'Postponement Payment Declaration.' It is worth noting that the U.S. FinCEN has listed Huione Group as a major money laundering risk institution this May, accusing it of providing money laundering channels for North Korean and Southeast Asian transnational fraud organizations, involving crypto fraud activities such as 'pig butchering'.