Telegram banned Huione Guarantee and Xinbi Guarantee after a $35B scam crackdown, but operations quickly shifted to Tudou ...

While Telegram banned Huione and Xinbi Guarantee channels amid pressure from blockchain intelligence firms and U.S. regulators, the broader ecosystem is beginning to bounce back.

Last month, Telegram banned black markets that sold tens of billions of dollars in crypto scam-related services. Now, as those markets rebrand and bounce back, it’s done nothing to stop them.