Telegram cracked down on major Chinese-language crypto scam networks like Huione Guarantee and Xinbi Guarantee in May 2025, removing thousands of channels following pressure from FinCEN and blockchain analysts. Huione, linked to Cambodia, handled over $27 billion in illicit transactions. Despite the purge, the ecosystem rapidly adapted. Tudou Guarantee, partly owned by Huione, quickly rose, processing $15 million daily and gaining 289,000 users. Xinbi reemerged as "Xinbi 2.0." Telegram justified selective bans, citing financial freedom, but critics argue it enables laundering and trafficking. The situation highlights the resilience of crypto scam markets and the limitations of Telegram’s enforcement approach.
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USDS
$0.999909
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RAIN
$0.012721
▲ +1.30%
LEO
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ZEC
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ADA
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LINK
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XLM
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DAI
$1.00
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BCH
$215.13
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USD1
$0.999866
▲ +0.00%
USDE
$0.999812
▲ +0.00%
GRAM
$1.35
▼ -1.70%
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,844.00
▲ +0.70%
ETH
$1,913.45
▲ +0.50%
USDT
$0.999489
▲ +0.00%
BNB
$591.91
▲ +0.20%
USDC
$0.999702
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.56
▲ +1.10%
TRX
$0.327342
▲ +0.10%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$54.11
▼ -3.30%
DOGE
$0.069627
▲ +1.20%
USDS
$0.999909
▲ +0.00%
RAIN
$0.012721
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$508.15
▲ +3.20%
ADA
$0.200643
▼ -0.80%
XMR
$375.88
▲ +2.10%
WBT
$56.09
▲ +0.60%
LINK
$8.16
▼ -0.30%
XLM
$0.160984
▲ +0.40%
DAI
$1.00
▲ +0.00%
BCH
$215.13
▲ +1.10%
USD1
$0.999866
▲ +0.00%
USDE
$0.999812
▲ +0.00%
GRAM
$1.35
▼ -1.70%
BTC
$64,844.00
▲ +0.70%
ETH
$1,913.45
▲ +0.50%
USDT
$0.999489
▲ +0.00%
BNB
$591.91
▲ +0.20%
USDC
$0.999702
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.56
▲ +1.10%
TRX
$0.327342
▲ +0.10%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$54.11
▼ -3.30%
DOGE
$0.069627
▲ +1.20%
USDS
$0.999909
▲ +0.00%
RAIN
$0.012721
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$508.15
▲ +3.20%
ADA
$0.200643
▼ -0.80%
XMR
$375.88
▲ +2.10%
WBT
$56.09
▲ +0.60%
LINK
$8.16
▼ -0.30%
XLM
$0.160984
▲ +0.40%
DAI
$1.00
▲ +0.00%
BCH
$215.13
▲ +1.10%
USD1
$0.999866
▲ +0.00%
USDE
$0.999812
▲ +0.00%
GRAM
$1.35
▼ -1.70%
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,844.00
▲ +0.70%
ETH
$1,913.45
▲ +0.50%
USDT
$0.999489
▲ +0.00%
BNB
$591.91
▲ +0.20%
USDC
$0.999702
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.56
▲ +1.10%
TRX
$0.327342
▲ +0.10%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$54.11
▼ -3.30%
DOGE
$0.069627
▲ +1.20%
USDS
$0.999909
▲ +0.00%
RAIN
$0.012721
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$508.15
▲ +3.20%
ADA
$0.200643
▼ -0.80%
XMR
$375.88
▲ +2.10%
WBT
$56.09
▲ +0.60%
LINK
$8.16
▼ -0.30%
XLM
$0.160984
▲ +0.40%
DAI
$1.00
▲ +0.00%
BCH
$215.13
▲ +1.10%
USD1
$0.999866
▲ +0.00%
USDE
$0.999812
▲ +0.00%
GRAM
$1.35
▼ -1.70%
