Conglomerate / Alleged criminal enterprise
Appears in 1 story · Last updated May 31, 2026
As of May 2026: Chairman extradited; 146 connected entities sanctioned
Cambodia extradited Li Xiong, former chairman of Huione Group, to China on April 2, making him the second senior figure removed. Blockchain analytics firm Elliptic calls it the largest illicit online marketplace ever documented and traced more than $89 billion in cryptocurrency flowing through its platforms. The platforms allegedly laundered proceeds from romance scams, cyber heists, and North Korean state-sponsored theft.
Updated May 30
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
