🤑 Crypto Scams Gone Wild: Telegram’s Chinese Takeover! 🚀

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Holy guacamole, folks! 🌮 Chinese-language Telegram groups have turned the app into the world’s biggest crypto scam factory! 🎭

These jokers have outdone the dark web, blending scams, AI trickery, and money laundering into one big, shady carnival. 🎢

Telegram Markets: Bigger Than the Dark Web’s Wildest Dreams! 🌌

Hold onto your bitcoins! 💰 Elliptic’s data shows Huione Guarantee (later renamed Haowang Guarantee-classic rebrand! 🎨) moved a whopping $27 billion between 2021 and 2025. That’s more than every dark web market combined! 🤑

Even AlphaBay’s lifetime earnings look like pocket change now. 😂

Over recent years, we’ve supplied @okx with crypto threat intelligence via multiple channels, and their compliance progress is notable.

Data shows a significant decrease in risky USDT deposits from Huione&Tudou Guarantee.

We will continue monitoring this. @star_okx 😎

– Bitrace (@Bitrace_team) October 15, 2025

After Telegram kicked Huione to the curb in May, the scammers just packed up and moved. Now, two markets rule the roost:

  • Tudou Guarantee: Raking in $1.1 billion/month 💸
  • Xinbi Guarantee: Not far behind at $850 million/month 💰

Together, they’re leaving AlphaBay in the dust. 🚀

Why Telegram? It’s the Dark Web’s Smoother Cousin! 🕶️

Telegram’s got it all: public channels, escrow-like systems, and global reach-no Tor browser needed! 🌍 Users just waltz right in, no tech skills required. 😎

These markets are like darknet 2.0:

  • Vendor reputation systems (because even scammers need reviews! ⭐)
  • Escrow and dispute resolution (gotta keep the crooks happy! 🤝)
  • Stablecoin settlement (USDT is the name of the game! 💵)
  • Rapid rebranding after bans (new name, same old scams! 🎭)

It’s the “dark web without friction”-or as I like to call it, the Scam Express! 🚂

Be careful ⚠️⚠️⚠️

a FAKE telegram channel is trying to scam Smardex holders

There is NO V3 migration,
DO NOT FALL FOR SUCH SCAM

the official updates can ONLY be received through their website , their X: @SmarDex and their official TG (its link is in… 🤖

– Crypto Feras  (@CryptoFeras) November 5, 2025

Crypto Scam Markets: Feeding the Global Fraud Buffet! 🍽️

These markets aren’t selling drugs or weapons-they’re selling scam infrastructure. It’s like a one-stop shop for fraudsters! 🛒

Their main customers? The pig-butchering scam industry. These romance and investment scams are raking in $10 billion a year from US victims alone. 💔

Operations are based in Southeast Asia, often using trafficked labor in scam compounds. It’s a real-life horror show. 🎬

Telegram markets offer:

  • Money-laundering services (clean those dirty coins! 🧼)
  • Fake investment platforms (too good to be true? Yep! 🚩)
  • Stolen identities (because who doesn’t love a good identity theft? 🤡)
  • Telecom and social-engineering tools (scamming made easy! 📞)

The scam economy and these markets are like two peas in a very shady pod. 🥜

AI Face-Swap Tools: Fraud’s New Best Friend! 🤖

AI is the secret sauce here. Chinese Telegram groups are peddling:

  • Real-time face-swap software (look, it’s me! Or is it? 😲)
  • Voice-cloning tools (sound like anyone you want! 🎤)
  • Deepfake identity kits (fake it till you make it! 🎭)

Scammers use these tools to impersonate real people on video calls, making their scams way more convincing. It’s like Hollywood for criminals! 🎥

Threat analysts call it the industrialization of social engineering. Scams are now assembly-line efficient. 🚗

Look at this, what appears to be a SCAM site that is fully AI generated.

What is the government doing to stop these? Nothing at all?

All that talent going toward scamming new crypto users… on Twitter, Telegram, etc.

www_youtube_com/@cryptotopstories <- SCAM!!!… 🤥

– Jae Kwon – “godfather of proof-of-stake” (@jaekwon) November 22, 2025

USDT: The Financial Backbone of This Mess! 💪

Almost all transactions use Tether (USDT). Unlike decentralized crypto, USDT can be frozen. But guess what? It rarely happens. 🤷‍♂️

So, the most centralized stablecoin is propping up the biggest illicit crypto markets ever. It’s like a bad sitcom plot! 📺

Telegram has shut down major markets before, but replacements pop up faster than you can say “scam.” 🌱

Elliptic’s tracking 30 Chinese-language Telegram markets today, moving tens of billions annually. It’s a criminal empire in plain sight! 🏰

Enforcement? Fragmented and inconsistent. Surprise, surprise. 😒

This isn’t just a niche cybercrime story anymore. Public messaging platforms are now hosting global illicit finance at scale. It’s a whole new world of fraud! 🌍

Without coordinated action, this system will keep growing. So, what are we waiting for? Let’s get to work! 🚨

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2025-12-23 22:04