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News Explorer — Meet Huione Guarantee, a Cambodian Platform That's Facilitated $11 Billion in Pig Butchering Scam Transactions

Generated by AI, curated by humans


Jul 10, 7:00 am
www.wired.com

Meet Huione Guarantee, a Cambodian Platform That's Facilitated $11 Billion in Pig Butchering Scam Transactions

A Cambodian online platform called Huione Guarantee has been identified as a hub for secondary services that support the pig butchering crypto scam industry. These services include tools for finding and tricking targets, money laundering services, and even detention tools used to coerce victims. The platform has facilitated $11 billion in total transactions, with the majority being related to pig butchering scams.

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