The Shadow Empire
World's Largest Scam Marketplace Explodes in Size
Huione Guarantee, a notorious gray market platform, has grown by 51%, now handling $24 billion in transactions for scammers. Offering everything from victim data to deepfake tools, this marketplace operates through Telegram, largely evading regulatory oversight, and is central to the burgeoning scam industry.
It's deeply intertwined with pig butchering scams from Southeast Asia, providing scammers with a one-stop shop for all their illicit needs, including crypto-related services like escrow and money laundering. This growth signals a shift in cybercrime from traditional dark web contraband to sophisticated scam services.