Telegram Shuts Down $27B Illicit Marketplace Haowang Guarantee

Posted: 2025-05-16 09:14:06 UTC

@CoinDeskCoinDesk

#cryptocurrency

#telegram

#Elliptic

#HaowangGuarantee

#illicitmarketplace

#illegaltransactions

Read With Caution

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.

Full Thread

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.

Read With Caution

Verification Details

Status

In Progress

VerifiedPartially VerifiedFalse

Last Updated

2025-05-16 09:42:45 UTC

Verified By

Rollup News

TL;DR;

Telegram has shut down the illicit marketplace Haowang Guarantee, which facilitated $27 billion in illegal transactions, following a report by Elliptic.

Key Impact Areas

Shutdown of Haowang Guarantee marketplace

Facilitation of $27 billion in illegal transactions

Elliptic's report leading to the shutdown

Challenges

Illegal transactions on Telegram

Operation of illicit marketplaces

Telegram Shuts Down $27B Illicit Marketplace Haowang Guarantee

Read With Caution

Full Thread

Read With Caution

Verification Details

TL;DR;

Key Impact Areas

Challenges

Claims

Deliberation Map

Similar Rollups