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Crypto Analysts Expose HuiOne Guarantee's $11 Billion Cybercrime Transactions

Written By Wednesday 10 July 2024 Add Comment



July 10, 2024 at 12:50PM

Cryptocurrency analysts have shed light on an online marketplace called HuiOne Guarantee that's widely used by cybercriminals in Southeast Asia, particularly those linked to pig butchering scams. "Merchants on the platform offer technology, data, and money laundering services, and have engaged in transactions totaling at least $11 billion," Elliptic said in a report shared with The Hacker News.

from The Hacker News https://ift.tt/Z4z2sML

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