Huione, company behind largest illicit online marketplace, launches stablecoin: report

Posted On January 14, 2025

Huione Group, a Cambodian conglomerate linked to the largest illicit online marketplace, has launched its own stablecoin, USDH. The news comes via an Elliptic report and comes despite ongoing scrutiny of its subsidiary, Huione Guarantee, a Telegram-based platform serving cybercriminals…