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Apple and Google Remove Huione Group Crypto Apps Following Allegations of Illicit Activities

Apple and Google Remove Huione Group Crypto Apps Following Allegations of Illicit Activities

Published:
2025-01-16 16:52:02
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Apple and Google have removed apps developed by Huione Group from their marketplaces after allegations surfaced regarding the group's involvement in a $24 billion illicit marketplace operation. The apps were linked to Huione Guarantee, a platform exposed by Elliptic in July 2024 as a hub for online fraudsters, including those involved in pig butchering scams. Elliptic's updated analysis revealed that cryptocurrency wallets associated with Huione Guarantee and its vendors received at least $24 billion, with monthly inflows increasing by 51% and user numbers surpassing 900,000 since the initial report.

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