Huione Pay, described as a major money laundering network operating in Cambodia, has experienced a massive bank run following the imposition of United States sanctions. In response to the liquidity crisis, the platform abruptly announced a shutdown of operations starting December 1, lasting until January 5 of the following year. Alongside the temporary closure, the company has initiated a deferred repayment plan to manage the outstanding withdrawals. Large queues of users have been reported gathering in attempts to withdraw their funds, signaling severe distress within the platform's user base.