As per Odaily, security firm Bitrace reported that Huionepay has only 990,000 USDT remaining on-chain as of December 2, 2025, and has ceased small withdrawals. The firm stated that due to recent market conditions, millions of users attempted to redeem funds, prompting Huione Group to announce a temporary suspension of redemptions to ensure stability. On Ethereum, Huionepay's USDT balance was nearly depleted by October, with the last withdrawal on November 3. On Tron, the company gradually shut down operations, with funds being consolidated and eventually exhausted by late November. On December 1, Huionepay processed the final small withdrawal request and stopped all such transactions, with remaining funds being moved in large amounts.
Huionepay Chain Analysis Shows Only 990,000 USDT Remains, Withdrawals Halted
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