Wallets Linked to Global Scams on Cambodia’s Huione Guarantee Collect $11 Billion:...

Wallets Linked to Global Scams on Cambodia’s Huione Guarantee Collect $11 Billion: Report

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Source: Coindesk.com

Huione Guarantee, a Cambodian online platform said to be linked to the nation's ruling family, hosts merchants who allegedly supply scam operators and have collected as much as $11 billion in crypto, according to a research report. Services offered by merchants' customers include production of deepfakes, money laundering and website development for "pig butchering" scams, according to

Read More https://www.coindesk.com/policy/2024/07/10/cambodias-huione-guarantee-enables-global-scams-worth-11-billion-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Wallets Linked to Global Scams on Cambodia's Huione Guarantee Collect $11 Billion: Report" appeared first here Coindesk.com.

Source: Coindesk.com

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