Telegram has shut down the largest black market on the dark web called Haowang Guarantee, which was accused of facilitating crypto scams and internet crimes.
Telegram banned thousands of accounts linked to this market on May 13, 2025,
which led the market to announce the cessation of its operations.
The reason for this ban is that Telegram prevents criminal activities such as fraud and money laundering on its platform,
and any accounts engaging in such activities are removed.
This market was considered the largest illegal platform on the internet.