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A black market worth 27 billion dollars thrives under the watch of Telegram and Tether
In summary
An Elliptic report reveals the role of USDT in fueling the black market on Telegram with billions of dollars.
Despite its ability to freeze, Tether has not stopped these operations, increasing pressure on it from regulators.
In a world where the adoption of digital currencies is accelerating, it seems that Telegram has become the new refuge not only for traders and developers but also for cybercrime networks. Ironically, the stablecoin USDT, which has long been promoted as a safe and transparent option, has become the primary tool for this digital black market.$BTC
