Huione Pay, “The largest black internet market” in the world loses a bank license, $ 29.62 million on Ton Frozen by Tether

The National Bank of Cambodia confirmed this week that Huione Pay, the financial arm of the Cambodian company accused of facilitating illegal transactions over the Internet, has been stripped of its bank license.

According to Asia -free radio ExclusiveThe company is part of the Huione group, a entity that oversees many financial platforms and market. Among them is a market -based market that has been linked to an estimated $ 24 billion of illegal transactions, according to the Blockchain analytics.

The National Bank of Campodia said the reason behind the cancellation of the Huione Pay license is that it is not compatible with the financial regulations. A spokesman for the bank Radio Free ASIA (RFA) told Email on Thursday that the company had failed to adhere to the current rules and recommendations.

However, the official did not specify the exact date of the withdrawal of the license or what is the Pay consequences that HUIONE might face if it continues operations.

Huione Pay says allegations are wrong

RFA confirmed that Huione Pay is her to reject Objects of any criminal activity. In response to the allegations made by Al -Ehlaji, which were formulated as a facilitator of illegal transactions, the company claimed that its platform, a guawang guarantee, provides mere guarantee services and does not perform direct transactions.

The company said that its participation in the doubtful sales was not as well as its science, explaining that the products such as “detention equipment” represent less than 0.01 % of their lists and can be intended for the use of legal law enforcement.

“There is an e -mail on our official website, which the alleged Blockchain analysis company did not contact us at all to verify the information or asked us to delete the information before publishing the analysis report. Instead, they published an article directly to deliberately attract attention. Initially, after seeing the media report, we deleted this information as soon as possible. Please be aware of this, dear media friendsRepeat Huione, with research in Blockchain security analyst research.

Al -Aliljiya was published for her a report At Huione in July 2024, he described them as a “online scammers center” that manage the fraud of various industries collectively. It is claimed that the platform provided a way for criminals to participate in illegal activities, including money laundering, stealing identity and selling technology used for fraud.

According to Elliptic, thousands of sellers work to ensure HUIONE, as they provide services that enable organized crime groups to perform fraud around the world. Researchers at the Security Company have revealed lists of stolen personal data, money laundering services, and even the electrical restrictions, which are alleged to be used to curb workers who have traveled in fraud vehicles.

In the aftermath of the report, HUIONE changed its policies, and banned her lists related to human trafficking, firearms and terrorism explicitly. However, those who refuse to confirm that the previous company’s failure allowed criminal institutions to prosper on the platform.

According to more modern news, the platform operations were still alive in January. to update analysis It reveals that the coded currency portfolio associated with HUIONE guarantees and that its sellers have received at least $ 24 billion in transactions so far. Since the July report, monthly flows have increased by 51 %, while the basic system user base has expanded to more than 900,000.

Source Stablecoin pregnancy Freezing authorities with authorities worth $ 29.62 million from Usdt on Tron Blockchain associated with Huione Pay. Frozen funds are believed to be linked to the transactions facilitated by Huione Pay, which the company is suspected of playing a role in handling illegal payments.

Continuous efforts to stop the illegal transactions

In separate but relevant news, Tether has frozen $ 27 million in Usdt associated with the approved Russian encryption exchange. The Stock Exchange, which was under US and European sanctions, announced on March 6 that Tether’s behavior forced it to stop operations.

Garantex certain A telegram is that the prohibition of governor with more than 2.5 billion rubles (27 million dollars), which led them to suspend all transactions, including withdrawals.

Exchange is currently undergoing maintenance, and law enforcement agencies, including the American Secret Service, the Dutch National Police, and the German Federal Criminal Police, have seized.

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