Dark Market Activity on Telegram Persists Despite $27B Huione Ban – Elliptic
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Dark market activity on Telegram persists despite $27B Huione ban – Elliptic
Telegram-based dark markets rapidly filled the gap left by Huione Guarantee after the $27 billion marketplace disappeared on May 13, according to a June 23 Elliptic report. Elliptic noted that Telegram banned thousands of Huione Guarantee channels and usernames once researchers traced billions of USDT-denominated sales to pig-butchering scams.
Experts from Elliptic stated that despite the blocking of the largest illegal crypto marketplace Huione Guarantee on May 13, other fraudulent platforms in Telegram continue to actively operate and attract customers.
Crypto darknet markets surge on Telegram after Huione Guarantee shutdown: report
Telegram-based alternatives have emerged to fill the void left by the shutdown of crypto darknet marketplace Huione Guarantee, according to blockchain analytics firm Elliptic. Researchers at Elliptic have uncovered a surge in user activity across more than 30 Telegram-based marketplaces…
Crypto Scam Markets Thrive Again After Telegram’s Cleanup Attempt: Report – #CryptoUpdatesGNIT
In brief Tudou Guarantee’s transaction volume exceeded 300,000 by June 15, quickly replacing Huione Guarantee after its May 13 ban. USDT transactions on Huione collapsed to near zero, but over 30 successor markets are now active on Telegram, Elliptic found. Platforms like Shuangying and Fully Light more than tripled in size, pointing to the rapid regrouping of Asia’s scam networks. Crypto dark markets have rebounded weeks after Telegram shut dow…
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