Wired is reporting on Chinese darknet markets on Telegram. > The ecosystem of marketplaces for Chinese-speaking crypto scammers hosted on > the messaging service Telegram have now grown to be bigger than ever before, > according to a new analysis from the crypto tracing firm Elliptic. Despite a > brief drop after Telegram banned two of the biggest such markets in early > 2025, the two current top markets, known as Tudou Guarantee and Xinbi > Guarantee, are together enabling close to $2 billion a month in > money-laundering transactions, sales of scam tools like stolen data, fake > investment websites, and AI deepfake tools, as well as other black market > services as varied as ...