This concerns the Huione Guarantee platform, owned by the ruling Hun family in Cambodia.
Huione Guarantee is an ecosystem comprising thousands of messaging channels managed by individual merchants. The largest category of merchants offers money transfer and laundering services, as well as goods and services for “pig-butchering” schemes, where victims are lured into investing cryptocurrency, which is then stolen.
It is worth noting that Huione was created in 2021 as a marketplace for legal goods such as real estate and cars. However, most of the offerings on the marketplace are aimed at cyber fraud operators.
