๐จ Telegram Shuts Down $27B Crypto Crime Marketplace
๐ In a bold move against illicit online activity, Telegram has banned thousands of accounts linked to darknet markets like Haowang Guarantee โ reportedly the largest crypto crime marketplace in history, valued at $27 billion.
๐ Haowang officially ceased operations after Telegram blocked all its NFTs, channels, and groups on May 13, 2025.
๐ข The crackdown marks a major milestone in the fight against crypto fraud, scams, and black market activity, especially across Southeast Asia.
๐ A powerful step toward cleaning up the Web3 ecosystem.
๐ก Trust and safety are becoming non-negotiables in the digital economy.
