While Telegram banned Huione and Xinbi Guarantee channels amid pressure from blockchain intelligence firms and U.S. regulators, the broader ecosystem is beginning to bounce back.

This made it a primary target for the U.S. Treasury’s FinCEN, which designated the entire Huione Group as a money laundering concern in May 2025.

Huione Group, the Cambodia-based conglomerate that the U.S. Treasury Department wants to cut out of the U.S. financial system, received $98 billion worth of crypto since 2014 through illicit ...

Huione Group: A Profile of Concern Huione Group, operating primarily out of Phnom Penh, Cambodia, is a conglomerate that includes several subsidiaries: Huione Crypto, Haowang Guarantee, and Huione ...

“Huione Group has established itself as the marketplace of choice for malicious cyber actors like the DPRK [North Korea] and criminal syndicates, who have stolen billions of dollars from ...

According to Elliptic, Huione Guarantee is "part of Huione Group, a Cambodian conglomerate with links to Cambodia’s ruling Hun family," which includes Cambodia’s prime minister, Hun Manet.

Cryptocurrency investigators have claimed a popular online marketplace in South-East Asia is actually being used primarily by money launderers and fraudsters. Blockchain analysis firm Elliptic said in ...

Telegram’s May 2025 ban on two major illicit cryptocurrency marketplaces, Huione Guarantee and Xinbi Guarantee, has disrupted ...

Huione Guarantee is a subsidiary of Cambodia-based Huione Group, which also owns Huione Pay and Huione Crypto, U.S. officials have alleged. Last year, Reuters revealed that Huione Pay had received ...

The U.S. Treasury's financial crimes arm has proposed removing the Huione Group, a Cambodia-based financial conglomerate, from the US financial system for its alleged involvement in Lazarus-linked ...

The platform allegedly operates under the Cambodian conglomerate Huione Group and plays a central role in enabling pig butchering scams, which exploit trust and relationships (often romantic) to ...

Huione also received $150,000 worth of crypto from North Korean hacker Lazarus Group, which stole around $3 billion worth of crypto between 2018 and 2024, according to a report from cybersecurity firm ...