💸 Scam Market Moves Fast! Telegram Fraudsters Shift Gears After Huione Ban 🚔
Despite the recent $27 billion crackdown on Huione Guarantee — a major dark market operation on Telegram — shady vendors haven’t gone away. According to a report by blockchain analytics firm Elliptic, after Telegram banned thousands of Huione-related accounts in May 2025, these underground merchants quickly migrated to another platform called Tudou Guarantee. Ironically, Huione still owns 30% of this new marketplace, which picked up right where the old one left off. 💻🕵️♂️
These secret markets, run in Chinese and settled using the USDT cryptocurrency, offer a range of illicit services including stolen data, fake IDs, and money laundering. The use of escrow systems lets buyers and sellers stay anonymous while still resolving disputes. While Huione Guarantee's traffic dropped to zero, Tudou Guarantee’s user base doubled and transaction volumes matched Huione’s previous activity — proving that the ecosystem is alive and well. 📈💰
Elliptic warns that this dark web economy won’t go down without a fight. Even though Huione Guarantee was removed, dozens of other similar markets still operate across Telegram. Some even pretend to be real just to scam other scammers! The report says these fraud rings are highly adaptive, and only continuous and coordinated action will truly disrupt this shady network that thrives on USDT and encrypted messaging. 😨🔐