According to the latest data from Global Ledger, since the illegal goods trading market Huione was reportedly shut down by FinCEN enforcement, its wallets have transferred approximately $1,000,000,000 of USDT to major centralized exchanges (CEXs). Yury Serov, head of investigations at a Swiss blockchain analysis company, pointed out that the activity of Huione-related wallets indicates that the malware is still continuously exposed to major exchanges, although usually through indirect routes. Funds may be transferred through nested service providers, over-the-counter trading platforms, or layered transactions, thereby concealing the original source. Although these methods can mask direct exchange interactions, their underlying flow patterns still point to large centralized exchanges, indicating that they are still in continuous operation. (Cointelegraph) [Odaily Planet Daily]

Since FinCEN took action, Huione wallets have transferred approximately $1 billion worth of USDT to CEXs.