Google Removes the Huione game from the Play Store amid claims of money laundering

After user activity on the app grew, Huawei Guarantee, a Telegram-based industry also known for its use by legal organizations in Southeast Asia, had its mobile app delisted from the Google Play store.

Huione Guarantee has increased its monthly inflows by 51 % over the course of six months, according to the crypto compliance firm Elliptic, which calls it” the largest online illicit marketplace ever operated.” This development coincides with the September release of its own USD cryptocurrency, USDH.

Elliptic’s Jan. 14 report states that Huione Guarantee’s transactions have swelled to$ 24 billion. Elliptic reported in July that Huione Guarantee’s online store had a direct connection to wealth trafficking and cyberscams.

According to Elliptic’s latest studies, the number of people on the program has risen to over 900, 000. These figures, according to Elliptic, “prove that Huione Assurance is the largest online unlawful marketplace that has ever existed.”

The business lately introduced different crypto-related products, including a 1: 1 U. S. money bitcoin, a cryptocurrency, a fragmented change, and a messaging app. As of media time, the programs are also available on Apple’s App Store but have been removed from Google’s Play Store.

Huione’s progress has been largely attributed to the start of the USDH bitcoin. The new bitcoin was made available after Tether frozen one of Huione Pay’s USDT records in July amid alleged ties to the Northern Korean Lazarus Group.

USDH was issued on the Ethereum ( ETH), BNB Chain ( BNB), and Tron ( TRX ) blockchains, as well as its own Huione Chain. It is susceptible to dilemma with another bitcoin, USDH, released by the Solana-based DeFi process Hubble.

Huione’s individual bitcoin, Huione Chain hosts a fragmented exchange that allows customers to switch USDH for another crypto property. Finally, the platform has introduced its unique chat service to lessen dependence on outside applications.

The launch of the new talk app comes after Pavel Durov, the leader of Telegram, was detained in France in August 2024. Following his release, the creator vowed to” considerably boost” moderation on Telegram, where most Huione offers are already made.

Following the Elliptic document, the system changed its name from Huione Promise to Haowang Promise. Elliptic’s study uncovered” dozens of sellers” on the platform marketing “money fraud services, stolen personal data, systems, and other items necessary to conduct online scams on an industrial level”.

Elliptic came to the conclusion that the system has “become a significant innovator of cyber scam operations in Southeast Asia.” The company argued that “perhaps no other single object bears because much responsibility for the global digital scam illness, which has ruined many lives.