Elliptic Reveals Cyber Scam Involving $11 Billion from Huione Guarantee
Unveiling the Hidden Side of Online Marketplaces: A Case Study on Huione Guarantee Imagine an online marketplace that appears to be the go-to spot for snagging deals on real estate and cars That's what Huione Guarantee, coming out of Cambodia and a part of the larger Huione Group, initially seemed to be when it first opened its doors in 2021 But, looks can be deceiving Recent revelations have ripped away the facade, exposing a dark nexus of cyber scams and money laundering operations running into billions of dollars A Vast, Shadowy Ecosystem Digging deeper, investigators from Elliptic have shone a light on a sprawling Chinese-language ecosystem operating under the radar...
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