Telegram bans $35B black markets used to sell stolen data, launder crypto One market's shutdown comes after the Treasury Department sought a related ban.

Telegram banned black markets that sold tens of billions of dollars in crypto scam-related services. Now, as those markets ...

Telegram Bans 2 Black Markets That Have Earned $35B. A blockchain research firm, Elliptic, revealed that two Chinese-language markets namely the Xinbi Guarantee and the Huione Guarantee have been ...

Telegram Takes Black Market Offline. ... Following these bans, Haowang Guarantee officially ceased operations on Wednesday, May 14. In a poorly written statement on its website, ...

When WIRED asked Telegram about Elliptic's findings regarding both markets, the company responded with broad bans of Xinbi Guarantee and Haowang Guarantee accounts. “This is a huge win.

Despite Telegram crackdowns, crypto scam hubs like Huione and Xinbi are resurfacing under new names, fueling a $35B crime ...

Elliptic's report reveals how Telegram's ban on Chinese-language crypto scam services led to the resurgence of black markets ...

2 Massive Black Market Services Blocked by Telegram, Messaging App Says. By Reuters | May 15, 2025. ... many multiples higher than other black markets such as the drug-focused Silk Road, ...

The internet’s largest illicit marketplace, Haowang Guarantee, formerly Huione Guarantee, said it will shut down following Telegram’s ban of thousands of associated accounts on May 13 ...

WASHINGTON, May 15 (Reuters) - Two sprawling digital black markets operating on the communications platform Telegram have been removed, the service said on Thursday. Xinbi Guarantee and Huione ...