Overview

• Huione Guarantee facilitated $11 billion in transactions for various scams, including 'pig butchering' and Ponzi schemes.
• The platform uses USDT stablecoin for payments and operates like a darknet marketplace via messaging apps.
• Huione Group, tied to Cambodia's ruling family, is implicated in global money laundering and human trafficking.
• Scam operations involve trafficked workers subjected to torture and forced labor in compounds across Southeast Asia.
• Elliptic identified hundreds of crypto addresses linked to Huione, aiding exchanges and law enforcement in combating these scams.