Illicit HuiOne Telegram Market Surpasses Hydra Hits $24 Billion in Crypto Transactions
With a total of at least $24 billion in cryptocurrencies collected by its vendors, the Telegram-based online marketplace HuiOne Guarantee has surpassed the now-defunct Hydra to become the biggest illicit marketplace ever to operate.
According to data published by Elliptic, a blockchain analytics company, monthly inflows have risen by 51% since July 2024.
The HuiOne Group of companies, including Huione Guarantee, gained notoriety in the middle of last year after it was revealed to be a haven for online scammers, promoting money laundering services, stolen data, and even electrified shackles designed to be used against individuals who are trafficked into scam compounds under the guise of high-paying jobs to carry out romance baiting scams read more about Illicit HuiOne Telegram Market...