According to PANews, HuionePay, an illegal online marketplace operating through Telegram, has processed over $50 billion in USDT deposits and withdrawals over the past 18 months. The platform is currently under investigation by global regulatory authorities for allegedly receiving, transferring, and withdrawing fraudulent funds, primarily using USDT on the TRON blockchain.
Earlier today, Elliptic reported that following the shutdown of Huione, dark web traders on Telegram have shifted to Tudou Guarantee for their transactions.
