The Trump administration designated Huione Group, a Cambodian financial conglomerate, as a money-laundering operation on Thursday, taking the first step to sever its access to the American financial system.
U.S. Moves to Blacklist Huione Group Over Money Laundering Ties
The Treasury Department said Huione Group and its affiliates had laundered more than $4 billion.
www.nytimes.com
May 2, 2025 at 4:41 PM
The Trump administration designated Huione Group, a Cambodian financial conglomerate, as a money-laundering operation on Thursday, taking the first step to sever its access to the American financial system.
Huione Group, a financial services conglomerate, lies at the nexus of identity theft, human trafficking, scam, fraud and money laundering.
ICIJ's data team tracked transactions between Huione and centralized exchanges. Read these #CoinLaundry findings:
ICIJ's data team tracked transactions between Huione and centralized exchanges. Read these #CoinLaundry findings:
How ICIJ traced hundreds of millions from Huione Group to major crypto exchanges
ICIJ's trailblazing blockchain analysis has uncovered how cryptocurrency giants Binance and OKX are key conduits of illicit transactions.
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January 21, 2026 at 10:57 PM
Huione Group, a financial services conglomerate, lies at the nexus of identity theft, human trafficking, scam, fraud and money laundering.
ICIJ's data team tracked transactions between Huione and centralized exchanges. Read these #CoinLaundry findings:
ICIJ's data team tracked transactions between Huione and centralized exchanges. Read these #CoinLaundry findings:
Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transactions.
The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says
Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transaction...
www.wired.com
January 14, 2025 at 11:49 AM
Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transactions.
This is a huge crackdown on Chinese crypto crime markets. After our inquiry, Telegram banned not only Xinbi but also Huione Guarantee, a MUCH bigger market Elliptic exposed (and WIRED has reported on since) last year—the biggest digital black market ever by some measures.
May 13, 2025 at 2:13 PM
This is a huge crackdown on Chinese crypto crime markets. After our inquiry, Telegram banned not only Xinbi but also Huione Guarantee, a MUCH bigger market Elliptic exposed (and WIRED has reported on since) last year—the biggest digital black market ever by some measures.
Cambodian regulators have been imposing penalties on Huione Group as pressure mounts from the U.S. and the U.K. Recently, Huione Pay was shut down by Cambodia’s national bank and its assets have been liquidated.
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Cambodian payment processor freezes customer funds before regulators shut it down - ICIJ
Huione Pay, a key arm of Huione Group spotlighted in ICIJ’s Coin Laundry investigation, has been closed by Cambodia’s national bank and its assets liquidated.
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December 24, 2025 at 1:37 PM
Cambodian regulators have been imposing penalties on Huione Group as pressure mounts from the U.S. and the U.K. Recently, Huione Pay was shut down by Cambodia’s national bank and its assets have been liquidated.
Learn more:
Learn more:
Cambodia's National Bank announced it revoked Huione Pay’s license and liquidated its assets. The statement noted that the circulation of crypto assets in relation to Huione Group “may pose risks to the banking system in Cambodia as well as the public.”
Cambodian payment processor freezes customer funds before regulators shut it down - ICIJ
Huione Pay, a key arm of Huione Group spotlighted in ICIJ’s Coin Laundry investigation, has been closed by Cambodia’s national bank and its assets liquidated.
buff.ly
January 4, 2026 at 1:37 PM
Cambodia's National Bank announced it revoked Huione Pay’s license and liquidated its assets. The statement noted that the circulation of crypto assets in relation to Huione Group “may pose risks to the banking system in Cambodia as well as the public.”
NEW: The largest scam marketplace keeps growing. Chinese language platform Huione Guarantee has now facilitated more than $24 billion in transactions.
But, it's also launched its own stablecoin and messaging app in recent months. Researchers say this infrastructure will make it harder to disrupt
But, it's also launched its own stablecoin and messaging app in recent months. Researchers say this infrastructure will make it harder to disrupt
The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says
Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transaction...
www.wired.com
January 14, 2025 at 11:16 AM
NEW: The largest scam marketplace keeps growing. Chinese language platform Huione Guarantee has now facilitated more than $24 billion in transactions.
But, it's also launched its own stablecoin and messaging app in recent months. Researchers say this infrastructure will make it harder to disrupt
But, it's also launched its own stablecoin and messaging app in recent months. Researchers say this infrastructure will make it harder to disrupt
Cambodia's national bank shut down and liquidated the assets of Huione Pay, a key arm of a financial services conglomerate spotlighted in ICIJ's #CoinLaundry investigation and flagged by U.S. authorities as a money laundering risk.
Cambodian payment processor freezes customer funds before regulators shut it down - ICIJ
Huione Pay, a key arm of Huione Group spotlighted in ICIJ’s Coin Laundry investigation, has been closed by Cambodia’s national bank and its assets liquidated.
buff.ly
December 10, 2025 at 7:30 PM
Cambodia's national bank shut down and liquidated the assets of Huione Pay, a key arm of a financial services conglomerate spotlighted in ICIJ's #CoinLaundry investigation and flagged by U.S. authorities as a money laundering risk.
Huione Group, featured on ICIJ's #CoinLaundry investigation, has been accused by the U.S. Treasury Department of moving money for criminal groups. Now, the National Bank of Cambodia has announced that it was revoking its payment services arm's license.
Cambodian payment processor freezes customer funds before regulators shut it down - ICIJ
Huione Pay, a key arm of Huione Group spotlighted in ICIJ’s Coin Laundry investigation, has been closed by Cambodia’s national bank and its assets liquidated.
buff.ly
December 18, 2025 at 1:37 PM
Huione Group, featured on ICIJ's #CoinLaundry investigation, has been accused by the U.S. Treasury Department of moving money for criminal groups. Now, the National Bank of Cambodia has announced that it was revoking its payment services arm's license.
ICIJ’s #CoinLaundry investigation found that Huione Group used major cryptocurrency exchanges to move hundreds of millions of dollars worth of digital currency. Huione Pay, the payment services arm of the financial conglomerate, was recently shut down.
Cambodian payment processor freezes customer funds before regulators shut it down - ICIJ
Huione Pay, a key arm of Huione Group spotlighted in ICIJ’s Coin Laundry investigation, has been closed by Cambodia’s national bank and its assets liquidated.
buff.ly
January 16, 2026 at 1:37 PM
ICIJ’s #CoinLaundry investigation found that Huione Group used major cryptocurrency exchanges to move hundreds of millions of dollars worth of digital currency. Huione Pay, the payment services arm of the financial conglomerate, was recently shut down.
The @nytimes.com investigated Huione for months, resulting in this story last month: www.nytimes.com/2025/03/23/w...
The Scammer’s Manual: How to Launder Money and Get Away With It
Documents and insiders reveal how one of the world’s major money laundering networks operates.
www.nytimes.com
April 20, 2025 at 6:35 PM
The @nytimes.com investigated Huione for months, resulting in this story last month: www.nytimes.com/2025/03/23/w...
Internal documents and sources detail how Cambodia's Huione Group supercharged the growth of Asia's cyberscam industry into a multi-billion dollar behemoth (Kai Schultz/Bloomberg)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
August 3, 2025 at 6:01 AM
Internal documents and sources detail how Cambodia's Huione Group supercharged the growth of Asia's cyberscam industry into a multi-billion dollar behemoth (Kai Schultz/Bloomberg)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
#Huione-Guarantee-Money-Laundering The Huione Group is the largest fraud organization. I was defrauded while using their services, and then they also laundered money for the fraudsters. The US Treasury Department said that Huione laundered at least 4 billion US dollars and has blacklisted it.
February 16, 2026 at 1:53 AM
#Huione-Guarantee-Money-Laundering The Huione Group is the largest fraud organization. I was defrauded while using their services, and then they also laundered money for the fraudsters. The US Treasury Department said that Huione laundered at least 4 billion US dollars and has blacklisted it.
How one of the world's major money laundering networks, linked to Cambodia's Huione Group, services online scammers using cryptocurrency, Telegram, and more (New York Times)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
March 23, 2025 at 8:25 PM
How one of the world's major money laundering networks, linked to Cambodia's Huione Group, services online scammers using cryptocurrency, Telegram, and more (New York Times)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
How ICIJ traced hundreds of millions from Huione Group to major crypto exchanges www.icij.org/investigatio... @icij.org
How ICIJ traced hundreds of millions from Huione Group to major crypto exchanges
ICIJ's trailblazing blockchain analysis has uncovered how cryptocurrency giants Binance and OKX are key conduits of illicit transactions.
www.icij.org
December 2, 2025 at 2:00 PM
How ICIJ traced hundreds of millions from Huione Group to major crypto exchanges www.icij.org/investigatio... @icij.org
As of June and the FinCEN censure, Huione claims it’s shut down and Cambodia has revoked their license, however they purchased an informal escrow service called Tudou Guarantee so they may just quietly rebrand their cybercrime infrastructure to use another cryptocurrency
August 1, 2025 at 2:31 PM
As of June and the FinCEN censure, Huione claims it’s shut down and Cambodia has revoked their license, however they purchased an informal escrow service called Tudou Guarantee so they may just quietly rebrand their cybercrime infrastructure to use another cryptocurrency
Haowang Guarantee (formerly Huione Guarantee) had done more than $27 billion in total transactions, mostly money laundering for crypto scammers but also sales of targeting data, telecom infrastructure, and even GPS-enabled collars and electric batons for forced labor scam compounds.
May 14, 2025 at 8:03 PM
Haowang Guarantee (formerly Huione Guarantee) had done more than $27 billion in total transactions, mostly money laundering for crypto scammers but also sales of targeting data, telecom infrastructure, and even GPS-enabled collars and electric batons for forced labor scam compounds.
In 2024, crypto scams received at least $9.9B on-chain, up 40% YoY and likely a record; scams marketplace Huione Guarantee received $376M+ in crypto in 2024 (Chainalysis)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
February 13, 2025 at 9:10 PM
In 2024, crypto scams received at least $9.9B on-chain, up 40% YoY and likely a record; scams marketplace Huione Guarantee received $376M+ in crypto in 2024 (Chainalysis)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
Silk Road and other darkweb markets haven’t done as much business as an obscure Cambodian payment processor called Huione, who does legit business in Cambodia, but hosts a thriving network of Telegram channels for human trafficking, phone scams, drugs, North Korean hackers, etc youtu.be/3f8ohjxHVmw
The Shadowy Cambodia-Based Service That Profits From Scams
YouTube video by Bloomberg Originals
youtu.be
August 1, 2025 at 2:21 PM
Silk Road and other darkweb markets haven’t done as much business as an obscure Cambodian payment processor called Huione, who does legit business in Cambodia, but hosts a thriving network of Telegram channels for human trafficking, phone scams, drugs, North Korean hackers, etc youtu.be/3f8ohjxHVmw
The disruption of Xinbi Guarantee and Huione Guarantee is considered a big blow for online scammers, cutting them off from a dependable source for stolen data, money laundering services, and telecoms infrastructure.
Telegram bans $35B black markets used to sell stolen data, launder crypto
One market’s shutdown comes after the Treasury Department sought a related ban.
arstechnica.com
May 16, 2025 at 5:20 PM
The disruption of Xinbi Guarantee and Huione Guarantee is considered a big blow for online scammers, cutting them off from a dependable source for stolen data, money laundering services, and telecoms infrastructure.
Huione Guarantee, a Telegram marketplace that facilitates "pig butchering" and other scams, recently launched several crypto products, including a stablecoin (Elliptic)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
January 14, 2025 at 11:21 PM
Huione Guarantee, a Telegram marketplace that facilitates "pig butchering" and other scams, recently launched several crypto products, including a stablecoin (Elliptic)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
ICIJ's #CoinLaundry investigation involved trailblazing blockchain analysis which uncovered how cryptocurrency giants Binance and OKX are key conduits of illicit transactions.
Read our data methodology:
Read our data methodology:
How ICIJ traced hundreds of millions from Huione Group to major crypto exchanges
ICIJ's trailblazing blockchain analysis has uncovered how cryptocurrency giants Binance and OKX are key conduits of illicit transactions.
buff.ly
January 17, 2026 at 10:57 PM
ICIJ's #CoinLaundry investigation involved trailblazing blockchain analysis which uncovered how cryptocurrency giants Binance and OKX are key conduits of illicit transactions.
Read our data methodology:
Read our data methodology:
Cousin of Cambodian prime minister says he owned a 30 percent stake in a digital payments platform, Huione Pay, accused of laundering funds for transnational criminal groups perpetrating cyberscams from Southeast Asia
u.afp.com/SaHi
u.afp.com/SaHi
May 6, 2026 at 7:27 AM
Cousin of Cambodian prime minister says he owned a 30 percent stake in a digital payments platform, Huione Pay, accused of laundering funds for transnational criminal groups perpetrating cyberscams from Southeast Asia
u.afp.com/SaHi
u.afp.com/SaHi
CAMBODIA: Ripple effects of UK/US actions targeting Prince & Huione. Video footage is emerging of dozens of people fleeing scam compounds in Chrey Thom and Poipet. 1/7
October 17, 2025 at 10:01 AM
CAMBODIA: Ripple effects of UK/US actions targeting Prince & Huione. Video footage is emerging of dozens of people fleeing scam compounds in Chrey Thom and Poipet. 1/7