Previously exposed, Huawang Guarantee was reported by Elliptic on January 15th again, stating that Huawang Guarantee provides technology, data, and money laundering services for fraudsters, with a total transaction volume reaching at least $24 billion, making it the largest illegal transaction online market in history, far surpassing the world's largest darknet market, Hydra.
Elliptic stated that it has identified thousands of wallet addresses related to Huawang and individuals using Huawang Guarantee.
The research institute mentioned that the Cambodian Huawang Guarantee has now been renamed "#Hao Wang Guarantee", but it is still part of the Huawang Group. Despite the report published in July, the business of Huawang Guarantee continues to grow rapidly, with a monthly business volume increase of 51% and the number of users soaring to over 900,000.
The transaction volume of Hao Wang Guarantee has been exposed to exceed 24 billion US dollars, surpassing the world's largest darknet!
Comments0
Waiting for the result
It feels like it's getting cold.
The wealth is growing bigger and bigger, and I can't control it myself anymore.
Money laundering is a bottom line in various countries; they have offended too many nations.
It's getting too much, I'm afraid it might cross the FIB's red line.
It reminds me of AlphaBay, which was finally caught in Thailand.
It's not the same scale at all; when the Alphabay boss was arrested, he only had 20 million USD.
/ THE END /
