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

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.

This article has been indexed from GBHackers Security | #1 Globally Trusted Cyber Security News Platform

Read the original article: