National Cyber Warfare Foundation (NCWF)

Record-Breaking $27 Billion Black Market Haowang Guarantee Deals Conducted Behind Closed Doors


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2025-05-15 16:21:19
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Red Team (CNA)

Major victory against online crime, two of the world’s largest illicit marketplaces-Huione Guarantee (also known as “Haowang Guarantee”) and Xinbi Guarantee-were forced offline on May 13, 2025. These platforms collectively enabled over $35 billion in transactions, mostly in the stablecoin Tether (USDT), for a range of illegal goods and services including money laundering, stolen data, […]


The post Record-Breaking $27 Billion Black Market ‘Haowang Guarantee’ Deals Conducted Behind Closed Doors appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.



Mayura Kathir

Source: gbHackers
Source Link: https://gbhackers.com/record-breaking-27-billion-black-market-haowang-guarantee-deals/


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