The largest black market on the Internet has ever closed amid the purification of the telegram

For years, a Chinese market for encryption and money laundering functions-through some measures, the largest black market on the Internet-is working in view of the correspondence service cableFacilitate tens of billions of dollars in illegal financing. Now, thanks to the audit of one team of researchers in encryption crimes and a banning hammer in Telegram, it has ended.

HAOWANG guarantee, crime bazaar fed by the well -known encryption advertisement It was posted on its website at some point in the past 24 hours that it will be turned off. This step comes in response to Telegram on Monday to ban thousands of accounts and the names of users that serve as the infrastructure of the sprawling market for third -party sellers, many of whom provided money laundering and other services to the East Asian East encryption industry.

“The telegram was banned on all NFT, channels and groups on May 13, 2025, Haowang Graante will stop working from now,” the company wrote on its website in a short, crowded English statement, and it appears to be using a NFT shortcut to indicate non -bang -based explosive symbols. “Thank you for your attention.”

Before its sudden closure, guarante-guarantee-which is still partially owned by Huione Luste, and its Camione Group’s mother company to the third-party sellers to sell a wide range of services for encryption functions, all via a telegram, using the “guarantee and noise” noise systems. Huione guarantees the guarantee of merchants in the first place money laundering through the encrypted currency rope, but they also sold other components of the encrypted fraud operations that range from the potential victims’ data for targeting, communications infrastructure, Deepfake, and even GPS and an electric wife used for ENSAV workers Fraud vehicles Which spread across Myanmar, Cambodia, and the Philippines.

It seems that the sudden step for Telegram to ban market accounts may be stimulated by WIRED Achieving Telegram at late last week. New results from researchers at the Ellille Cryon Tracking Company. Since July of last year, I highlighted Al -Alailji The huge volume of money laundering and other illegal transactions that take place to ensure HUIONE and HAOWANG guarantee later. By Al -Alailji Accounting in A. January reportThe market and its scientists have made it more than 24 billion dollars in the total transactions, which will make it the largest black market process in the history of the Internet. This number has since jumped to 27 billion dollars, according to the Al -Alailji.

The latest Elliptic results relate to a second market based on a telegram known as Xinbi guarantee, which has provided a model similar to third -party transactions and has facilitated 8.4 billion dollars in deals since 2022. Researchers say not only money laundering, but also rental data, and clear harassment. When Wire Telgram asked about the results of Al -Ehlili regarding the markets, the company responded with a wide ban from Xinbi guarantee and Hawang guarantee accounts.

“This is a big victory,” says Tom Robinson, co -founder of Eliptic. “It is a changing games in terms of comprehensive criminal markets online, and it is huge for online fraud victims. This market was a major empowerment factor for global fraud, and I think this will put a real occurrence in the ability of fraudsters online to do what they are doing.”