Security News > 2025 > January > Illicit HuiOne Telegram Market Surpasses Hydra, Hits $24 Billion in Crypto Transactions
2025-01-14 09:29
The Telegram-based online marketplace known as HuiOne Guarantee and its vendors have cumulatively received at least $24 billion in cryptocurrency, dwarfing the now-defunct Hydra to become the largest online illicit marketplace to have ever operated. The figures, released by blockchain analytics firm Elliptic, show that monthly inflows have increased by 51% since July 2024. Huione Guarantee, part
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