Huione Group has been sanctioned by the governments of the UK, US, South Korea, and other countries following accusations of laundering $4 billion in illicit funds. The US Treasury Department identified Li Xiong as a key figure in the scheme, labeling the group as a "top money laundering risk entity" in May 2025. These sanctions reflect a coordinated international effort to combat financial crimes and hold accountable those involved in large-scale money laundering operations.