crypto.news - Cambodian marketplace Huione Guarantee, with ties to the government, is allegedly a hub for crypto-based money laundering and scam operations

in blockchain •  4 months ago 

https://crypto.news/cambodian-marketplace-huione-guarantee-became-hub-for-crypto-scammers-elliptic/
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A Cambodian marketplace called Huione Guarantee, linked to the country's ruling family, is suspected of facilitating online scams.

Elliptic, a blockchain forensics firm, found evidence of money laundering and sales of scam software on the platform.

They believe over $11 billion in cryptocurrency has been transferred there since 2021, likely to support illegal activities.

What do you think?

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