⚯ Michel de Cryptadamus ⚯<p>&quot;Huione Pay, the banking arm of what’s been called the world’s &#39;largest ever illicit online marketplace&#39; (<a href="https://universeodon.com/tags/HuioneGuarantee" class="mention hashtag" rel="tag">#<span>HuioneGuarantee</span></a>) has been stripped of its banking license, the National Bank of <a href="https://universeodon.com/tags/Cambodia" class="mention hashtag" rel="tag">#<span>Cambodia</span></a> confirmed to RFA this week.&quot;</p><p>There&#39;s been previous reports of tens of billions of dollars moving through Huiones &quot;anything goes&quot; marketplace for weapons, drugs, slaves, etc. so this is possibly an interesting escalation in the crackdown on Chinese organized crime in southeast asia that seems to have been orchestrated by the <a href="https://universeodon.com/tags/PRC" class="mention hashtag" rel="tag">#<span>PRC</span></a> (though some are sceptical if it will end up making any real difference give Huione connections to the Cambodian government).</p><p><a href="https://www.rfa.org/english/cambodia/2025/03/06/huione-cambodia-cyberscam-cryptocurrency/" target="_blank" rel="nofollow noopener noreferrer" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">rfa.org/english/cambodia/2025/</span><span class="invisible">03/06/huione-cambodia-cyberscam-cryptocurrency/</span></a></p><p><a href="https://universeodon.com/tags/PigButchering" class="mention hashtag" rel="tag">#<span>PigButchering</span></a> <a href="https://universeodon.com/tags/Huionepay" class="mention hashtag" rel="tag">#<span>Huionepay</span></a> <a href="https://universeodon.com/tags/SEAsia" class="mention hashtag" rel="tag">#<span>SEAsia</span></a> <a href="https://universeodon.com/tags/scams" class="mention hashtag" rel="tag">#<span>scams</span></a> <a href="https://universeodon.com/tags/Crime" class="mention hashtag" rel="tag">#<span>Crime</span></a> <a href="https://universeodon.com/tags/fraud" class="mention hashtag" rel="tag">#<span>fraud</span></a> <a href="https://universeodon.com/tags/asiapol" class="mention hashtag" rel="tag">#<span>asiapol</span></a> <a href="https://universeodon.com/tags/myanmar" class="mention hashtag" rel="tag">#<span>myanmar</span></a> <a href="https://universeodon.com/tags/thailand" class="mention hashtag" rel="tag">#<span>thailand</span></a> <a href="https://universeodon.com/tags/laos" class="mention hashtag" rel="tag">#<span>laos</span></a></p>