#seasia — Public Fediverse posts

the US finally moved on Prince Group, connected to Huione Guarantee, the world’s largest dark-ish market for fraud, drugs, weapons, slaves, etc. that operated out of Cambodia.

that’s another $14 billion worth of stolen crypto that will now sit in the hands of the U.S. government in the “strategic bitcoin reserve” instead of being repatriated to those who were defrauded.

one interesting detail i was surprised by was that Prince Group had a #NYC operation going. a detail i was not surprised by but didn't know about was that #Texas taxpayers have been subsidizing #pigbutchering fraud #moneylaundering.

* forfeiture filing: https://www.justice.gov/usao-edny/media/1416266/dl?inline
* coindesk: https://www.coindesk.com/policy/2025/10/14/u-s-targets-cambodian-pig-butchering-takes-usd14b-in-bitcoin-as-biggest-ever-seizure

#Huione #HuioneGuarantee #PrinceGroup #Cambodia #ASEAN #SEasia #ChenZhi #china #crime #fraud #scam #scams #txpol #jingliao #shazupan #taiwan #vietnam #russia

the US finally moved on Prince Group, connected to Huione Guarantee, the world’s largest dark-ish market for fraud, drugs, weapons, slaves, etc. that operated out of Cambodia.

that’s another $14 billion worth of stolen crypto that will now sit in the hands of the U.S. government in the “strategic bitcoin reserve” instead of being repatriated to those who were defrauded.

one interesting detail i was surprised by was that Prince Group had a #NYC operation going. a detail i was not surprised by but didn't know about was that #Texas taxpayers have been subsidizing #pigbutchering fraud #moneylaundering.

* forfeiture filing: https://www.justice.gov/usao-edny/media/1416266/dl?inline
* coindesk: https://www.coindesk.com/policy/2025/10/14/u-s-targets-cambodian-pig-butchering-takes-usd14b-in-bitcoin-as-biggest-ever-seizure

#Huione #HuioneGuarantee #PrinceGroup #Cambodia #ASEAN #SEasia #ChenZhi #china #crime #fraud #scam #scams #txpol #jingliao #shazupan #taiwan #vietnam #russia

the US finally moved on Prince Group, connected to Huione Guarantee, the world’s largest dark-ish market for fraud, drugs, weapons, slaves, etc. that operated out of Cambodia.

that’s another $14 billion worth of stolen crypto that will now sit in the hands of the U.S. government in the “strategic bitcoin reserve” instead of being repatriated to those who were defrauded.

one interesting detail i was surprised by was that Prince Group had a #NYC operation going. a detail i was not surprised by but didn't know about was that #Texas taxpayers have been subsidizing #pigbutchering fraud #moneylaundering.

* forfeiture filing: https://www.justice.gov/usao-edny/media/1416266/dl?inline
* coindesk: https://www.coindesk.com/policy/2025/10/14/u-s-targets-cambodian-pig-butchering-takes-usd14b-in-bitcoin-as-biggest-ever-seizure

#Huione #HuioneGuarantee #PrinceGroup #Cambodia #ASEAN #SEasia #ChenZhi #china #crime #fraud #scam #scams #txpol #jingliao #shazupan #taiwan #vietnam #russia

the US finally moved on Prince Group, connected to Huione Guarantee, the world’s largest dark-ish market for fraud, drugs, weapons, slaves, etc. that operated out of Cambodia.

that’s another $14 billion worth of stolen crypto that will now sit in the hands of the U.S. government in the “strategic bitcoin reserve” instead of being repatriated to those who were defrauded.

one interesting detail i was surprised by was that Prince Group had a #NYC operation going. a detail i was not surprised by but didn't know about was that #Texas taxpayers have been subsidizing #pigbutchering fraud #moneylaundering.

* forfeiture filing: https://www.justice.gov/usao-edny/media/1416266/dl?inline
* coindesk: https://www.coindesk.com/policy/2025/10/14/u-s-targets-cambodian-pig-butchering-takes-usd14b-in-bitcoin-as-biggest-ever-seizure

#Huione #HuioneGuarantee #PrinceGroup #Cambodia #ASEAN #SEasia #ChenZhi #china #crime #fraud #scam #scams #txpol #jingliao #shazupan #taiwan #vietnam #russia

the US finally moved on Prince Group, connected to Huione Guarantee, the world’s largest dark-ish market for fraud, drugs, weapons, slaves, etc. that operated out of Cambodia.

that’s another $14 billion worth of stolen crypto that will now sit in the hands of the U.S. government in the “strategic bitcoin reserve” instead of being repatriated to those who were defrauded.

one interesting detail i was surprised by was that Prince Group had a #NYC operation going. a detail i was not surprised by but didn't know about was that #Texas taxpayers have been subsidizing #pigbutchering fraud #moneylaundering.

* forfeiture filing: https://www.justice.gov/usao-edny/media/1416266/dl?inline
* coindesk: https://www.coindesk.com/policy/2025/10/14/u-s-targets-cambodian-pig-butchering-takes-usd14b-in-bitcoin-as-biggest-ever-seizure

#Huione #HuioneGuarantee #PrinceGroup #Cambodia #ASEAN #SEasia #ChenZhi #china #crime #fraud #scam #scams #txpol #jingliao #shazupan #taiwan #vietnam #russia

NYT deep-ish dive on the world's largest cryptocurrency driven marketplace for drugs, weapons, #moneylaundering services, slaves, etc: #HuioneGuarantee in Camboida.

* NYT: https://www.nytimes.com/2025/03/23/world/asia/cambodia-money-laundering-huione.html
* no paywall: https://archive.ph/CGkoc

#crypto #crime #cambodia #myanmar #SEAsia #pigbutchering #crime #corruption #Tether #EvolveBank

NYT deep-ish dive on the world's largest cryptocurrency driven marketplace for drugs, weapons, #moneylaundering services, slaves, etc: #HuioneGuarantee in Camboida.

* NYT: https://www.nytimes.com/2025/03/23/world/asia/cambodia-money-laundering-huione.html
* no paywall: https://archive.ph/CGkoc

#crypto #crime #cambodia #myanmar #SEAsia #pigbutchering #crime #corruption #Tether #EvolveBank

NYT deep-ish dive on the world's largest cryptocurrency driven marketplace for drugs, weapons, #moneylaundering services, slaves, etc: #HuioneGuarantee in Camboida.

* NYT: https://www.nytimes.com/2025/03/23/world/asia/cambodia-money-laundering-huione.html
* no paywall: https://archive.ph/CGkoc

#crypto #crime #cambodia #myanmar #SEAsia #pigbutchering #crime #corruption #Tether #EvolveBank

NYT deep-ish dive on the world's largest cryptocurrency driven marketplace for drugs, weapons, #moneylaundering services, slaves, etc: #HuioneGuarantee in Camboida.

* NYT: https://www.nytimes.com/2025/03/23/world/asia/cambodia-money-laundering-huione.html
* no paywall: https://archive.ph/CGkoc

#crypto #crime #cambodia #myanmar #SEAsia #pigbutchering #crime #corruption #Tether #EvolveBank

NYT deep-ish dive on the world's largest cryptocurrency driven marketplace for drugs, weapons, #moneylaundering services, slaves, etc: #HuioneGuarantee in Camboida.

* NYT: https://www.nytimes.com/2025/03/23/world/asia/cambodia-money-laundering-huione.html
* no paywall: https://archive.ph/CGkoc

#crypto #crime #cambodia #myanmar #SEAsia #pigbutchering #crime #corruption #Tether #EvolveBank

"Huione Pay, the banking arm of what’s been called the world’s 'largest ever illicit online marketplace' (#HuioneGuarantee) has been stripped of its banking license, the National Bank of #Cambodia confirmed to RFA this week."

There's been previous reports of tens of billions of dollars moving through Huiones "anything goes" marketplace for weapons, drugs, slaves, etc. so this is possibly an interesting escalation in the crackdown on Chinese organized crime in southeast asia that seems to have been orchestrated by the #PRC (though some are sceptical if it will end up making any real difference give Huione connections to the Cambodian government).

https://www.rfa.org/english/cambodia/2025/03/06/huione-cambodia-cyberscam-cryptocurrency/

#PigButchering #Huionepay #SEAsia #scams #Crime #fraud #asiapol #myanmar #thailand #laos

"Huione Pay, the banking arm of what’s been called the world’s 'largest ever illicit online marketplace' (#HuioneGuarantee) has been stripped of its banking license, the National Bank of #Cambodia confirmed to RFA this week."

There's been previous reports of tens of billions of dollars moving through Huiones "anything goes" marketplace for weapons, drugs, slaves, etc. so this is possibly an interesting escalation in the crackdown on Chinese organized crime in southeast asia that seems to have been orchestrated by the #PRC (though some are sceptical if it will end up making any real difference give Huione connections to the Cambodian government).

https://www.rfa.org/english/cambodia/2025/03/06/huione-cambodia-cyberscam-cryptocurrency/

#PigButchering #Huionepay #SEAsia #scams #Crime #fraud #asiapol #myanmar #thailand #laos

"Huione Pay, the banking arm of what’s been called the world’s 'largest ever illicit online marketplace' (#HuioneGuarantee) has been stripped of its banking license, the National Bank of #Cambodia confirmed to RFA this week."

There's been previous reports of tens of billions of dollars moving through Huiones "anything goes" marketplace for weapons, drugs, slaves, etc. so this is possibly an interesting escalation in the crackdown on Chinese organized crime in southeast asia that seems to have been orchestrated by the #PRC (though some are sceptical if it will end up making any real difference give Huione connections to the Cambodian government).

https://www.rfa.org/english/cambodia/2025/03/06/huione-cambodia-cyberscam-cryptocurrency/

#PigButchering #Huionepay #SEAsia #scams #Crime #fraud #asiapol #myanmar #thailand #laos

"Huione Pay, the banking arm of what’s been called the world’s 'largest ever illicit online marketplace' (#HuioneGuarantee) has been stripped of its banking license, the National Bank of #Cambodia confirmed to RFA this week."

There's been previous reports of tens of billions of dollars moving through Huiones "anything goes" marketplace for weapons, drugs, slaves, etc. so this is possibly an interesting escalation in the crackdown on Chinese organized crime in southeast asia that seems to have been orchestrated by the #PRC (though some are sceptical if it will end up making any real difference give Huione connections to the Cambodian government).

https://www.rfa.org/english/cambodia/2025/03/06/huione-cambodia-cyberscam-cryptocurrency/

#PigButchering #Huionepay #SEAsia #scams #Crime #fraud #asiapol #myanmar #thailand #laos

"Huione Pay, the banking arm of what’s been called the world’s 'largest ever illicit online marketplace' (#HuioneGuarantee) has been stripped of its banking license, the National Bank of #Cambodia confirmed to RFA this week."

There's been previous reports of tens of billions of dollars moving through Huiones "anything goes" marketplace for weapons, drugs, slaves, etc. so this is possibly an interesting escalation in the crackdown on Chinese organized crime in southeast asia that seems to have been orchestrated by the #PRC (though some are sceptical if it will end up making any real difference give Huione connections to the Cambodian government).

https://www.rfa.org/english/cambodia/2025/03/06/huione-cambodia-cyberscam-cryptocurrency/

#PigButchering #Huionepay #SEAsia #scams #Crime #fraud #asiapol #myanmar #thailand #laos

#HuioneGuarantee, the world's largest darknet market¹ for things like drugs, weapons, and slaves (yes, slaves) that's deeply tied to laundering #pigbutchering scam proceeds, is launching its own dollar backed #stablecoin to compete with #Tether, apparently on its own new blockchain.

welcome to the future.

https://www.elliptic.co/blog/huione-largest-ever-illicit-online-marketplace-stablecoin

¹ Huione Guarantee probably shouldn't technically be called a "darknet market" because i'm not sure it bothers to operate on the darknet and also they have significantly lower moral standards than most DNM operators around things like weapons and slaves.

#DNM #darknet #crypto #cryptocurrency #bitcoin #stablecoin #uspol #uspolitics #eupol #fraud #crime #corruption #cambodia #SEAsia #ASEAN #moneylaundering #organizedcrime #darknetmarket

#HuioneGuarantee, the world's largest darknet market¹ for things like drugs, weapons, and slaves (yes, slaves) that's deeply tied to laundering #pigbutchering scam proceeds, is launching its own dollar backed #stablecoin to compete with #Tether, apparently on its own new blockchain.

welcome to the future.

https://www.elliptic.co/blog/huione-largest-ever-illicit-online-marketplace-stablecoin

¹ Huione Guarantee probably shouldn't technically be called a "darknet market" because i'm not sure it bothers to operate on the darknet and also they have significantly lower moral standards than most DNM operators around things like weapons and slaves.

#DNM #darknet #crypto #cryptocurrency #bitcoin #stablecoin #uspol #uspolitics #eupol #fraud #crime #corruption #cambodia #SEAsia #ASEAN #moneylaundering #organizedcrime #darknetmarket

#HuioneGuarantee, the world's largest darknet market¹ for things like drugs, weapons, and slaves (yes, slaves) that's deeply tied to laundering #pigbutchering scam proceeds, is launching its own dollar backed #stablecoin to compete with #Tether, apparently on its own new blockchain.

welcome to the future.

https://www.elliptic.co/blog/huione-largest-ever-illicit-online-marketplace-stablecoin

¹ Huione Guarantee probably shouldn't technically be called a "darknet market" because i'm not sure it bothers to operate on the darknet and also they have significantly lower moral standards than most DNM operators around things like weapons and slaves.

#DNM #darknet #crypto #cryptocurrency #bitcoin #stablecoin #uspol #uspolitics #eupol #fraud #crime #corruption #cambodia #SEAsia #ASEAN #moneylaundering #organizedcrime #darknetmarket

#HuioneGuarantee, the world's largest darknet market¹ for things like drugs, weapons, and slaves (yes, slaves) that's deeply tied to laundering #pigbutchering scam proceeds, is launching its own dollar backed #stablecoin to compete with #Tether, apparently on its own new blockchain.

welcome to the future.

https://www.elliptic.co/blog/huione-largest-ever-illicit-online-marketplace-stablecoin

¹ Huione Guarantee probably shouldn't technically be called a "darknet market" because i'm not sure it bothers to operate on the darknet and also they have significantly lower moral standards than most DNM operators around things like weapons and slaves.

#DNM #darknet #crypto #cryptocurrency #bitcoin #stablecoin #uspol #uspolitics #eupol #fraud #crime #corruption #cambodia #SEAsia #ASEAN #moneylaundering #organizedcrime #darknetmarket

#HuioneGuarantee, the world's largest darknet market¹ for things like drugs, weapons, and slaves (yes, slaves) that's deeply tied to laundering #pigbutchering scam proceeds, is launching its own dollar backed #stablecoin to compete with #Tether, apparently on its own new blockchain.

welcome to the future.

https://www.elliptic.co/blog/huione-largest-ever-illicit-online-marketplace-stablecoin

¹ Huione Guarantee probably shouldn't technically be called a "darknet market" because i'm not sure it bothers to operate on the darknet and also they have significantly lower moral standards than most DNM operators around things like weapons and slaves.

#DNM #darknet #crypto #cryptocurrency #bitcoin #stablecoin #uspol #uspolitics #eupol #fraud #crime #corruption #cambodia #SEAsia #ASEAN #moneylaundering #organizedcrime #darknetmarket