ZachXBT Exposes $3 Million XRP Heist: A Brutal Wake-Up Call for Crypto Security On-chain detective ZachXBT has uncovered a gut-wrenching $3.05 million theft of XRP from a US-based retail user, a stark lesson in the perils of user error and the shadowy depths of crypto crime. This incident, tied to a mishandled Ellipal hardware wallet, […]
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Huione to Tudou Guarantee: Crypto Crime’s Relentless Evolution The shadowy underbelly of the cryptocurrency world has once again proven its resilience, as Huione Guarantee and Xinbi Guarantee, platforms notorious for facilitating illicit transactions, have shifted operations to Tudou Guarantee following a US-led crackdown and Telegram bans. This latest move by the Cambodia-based Huione Group exposes […]
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World’s Largest Crypto Crime Network Collapses After Telegram Crackdown The notorious Haowang Guarantee, recognized as the world’s largest illicit cryptocurrency marketplace, has been shut down following a robust crackdown by Telegram, marking a significant blow to the shadowy world of crypto-enabled crime. Haowang Guarantee collapses after Telegram’s decisive action Over $27 billion in transactions processed, […]
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U.S. Treasury Targets Burmese Militia and Cambodian Group in Crypto Scam Crackdown The U.S. Department of the Treasury has launched a significant offensive against cryptocurrency fraud, imposing sanctions on the Karen National Army (KNA), a Burmese militia group, and flagging the Huione Group in Cambodia for laundering over $4 billion in illicit funds. These actions […]
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U.S. Treasury Targets Huione Group: Sanctions Over North Korea Crypto Laundering Ties The U.S. Department of the Treasury has implemented sanctions to sever the Cambodia-based Huione Group’s access to the U.S. financial system, citing its involvement in laundering billions of dollars linked to North Korean cybercrime and online fraud schemes. U.S. Treasury aims to block […]
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U.S. Treasury Proposes Rule to Block Huione Group Over Alleged $4 Billion Crypto Laundering The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has taken decisive action against the Cambodian conglomerate, Huione Group, labeling it a “major target for money laundering investigations” due to its alleged involvement in laundering over $4 billion in illicit funds. This […]
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Illicit Huione Group Allegedly Duped Certik in Audit to Gain Legitimacy The Huione Group, notorious for its illicit marketplace, allegedly deceived Certik in an audit of their new stablecoin, USDH, to gain legitimacy. This incident raises serious questions about the integrity of blockchain audits. Huione Group’s illicit marketplace USDH stablecoin audit by Certik Low security […]
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Cryptocurrency Underworld: Huione Group’s Risky Venture into USDH In a daring move that has rocked the cryptocurrency world, Huione Group, notorious for its links to the largest illicit online marketplace, has launched a stablecoin. This new venture, USDH, aims to sidestep regulatory oversight while expanding operations in the shadows. Here’s what you need to know: […]
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