RED ALERT: $2 Billion/Month Money Laundering Ecosystem on Telegram Surpasses Dark Web
The underground world is undergoing a seismic shift. Forget complicated anonymous browsers; now, the world's largest cryptocurrency black market is operating openly on the messaging app Telegram, with scale beyond imagination.
1. The Shift from Darkness to Light 💡
- Previously: Cybercriminals used the Tor browser to access "markets" on the Dark Web like Hydra or AlphaBay.
- Currently: They have moved to Telegram, a public platform. Public Chinese-language chat groups are inviting, trading, and creating a money laundering and scam network right before our eyes.
2. "Unstoppable" Transaction Volume 📈
- According to analysis from Elliptic (, a leading blockchain analytics company ), intermediary escrow channels like "Tudou Guarantee" are handling nearly $2 billion USD in transactions each month. This figure exceeds the revenue of the notorious Dark Web empire Hydra before its dismantling.
3. Sophisticated Operating Mechanisms ⚙️
- These groups operate under the guise of OTC (over-the-counter trading) or escrow guarantees (escrow). They "clean" cryptocurrencies originating from scams, ransomware attacks, online gambling... into fiat or clean assets without identity verification (KYC).
4. Global Security Alarm Bell 🔔
- The rise of this ecosystem shows that cybercrime is becoming increasingly bold and unpredictable. With technical barriers to entry into the underground world nearly nonexistent, this poses a significant challenge to global financial security. #CryptoMarketMildlyRebounds
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
RED ALERT: $2 Billion/Month Money Laundering Ecosystem on Telegram Surpasses Dark Web
The underground world is undergoing a seismic shift. Forget complicated anonymous browsers; now, the world's largest cryptocurrency black market is operating openly on the messaging app Telegram, with scale beyond imagination.
1. The Shift from Darkness to Light 💡
- Previously: Cybercriminals used the Tor browser to access "markets" on the Dark Web like Hydra or AlphaBay.
- Currently: They have moved to Telegram, a public platform. Public Chinese-language chat groups are inviting, trading, and creating a money laundering and scam network right before our eyes.
2. "Unstoppable" Transaction Volume 📈
- According to analysis from Elliptic (, a leading blockchain analytics company ), intermediary escrow channels like "Tudou Guarantee" are handling nearly $2 billion USD in transactions each month. This figure exceeds the revenue of the notorious Dark Web empire Hydra before its dismantling.
3. Sophisticated Operating Mechanisms ⚙️
- These groups operate under the guise of OTC (over-the-counter trading) or escrow guarantees (escrow). They "clean" cryptocurrencies originating from scams, ransomware attacks, online gambling... into fiat or clean assets without identity verification (KYC).
4. Global Security Alarm Bell 🔔
- The rise of this ecosystem shows that cybercrime is becoming increasingly bold and unpredictable. With technical barriers to entry into the underground world nearly nonexistent, this poses a significant challenge to global financial security.
#CryptoMarketMildlyRebounds