Telegram Is Still Hosting a Sanctioned $21 Billion Crypto Scammer Black Market

Telegram Is Still Hosting a Sanctioned $21 Billion Crypto Scammer Black Market

SECURITYPOLITICSTHE BIG STORYBUSINESSSCIENCECULTUREREVIEWSMenuAccountAccountNewslettersSecurityPoliticsThe Big StoryBusinessScienceCultureReviewsChevronMoreExpandThe Big InterviewMagazineEventsWIRED InsiderWIRED ConsultingNewslettersPodcastsVideoLivestreamsMerchSearchSearchAndy GreenbergSecurityApr 14, 2026 2:56 PMTelegram Is Still Hosting a Sanctioned $21 Billion Crypto Scammer Black MarketThe UK designated Xinbi Guarantee as an enabler of crypto scammers and human trafficking weeks ago. Telegram is still hosting it in plain sight.Photograph: Picture Alliance; Getty ImagesCommentLoaderSave StorySave this storyCommentLoaderSave StorySave this storyFor three and a half years, the messaging platform Telegram has served as the home of a sprawling black market known as Xinbi Guarantee, an anarchic, Chinese-language bazaar offering money laundering services to crypto scammers, products like e

Source: https://www.wired.com/story/telegram-is-still-hosting-a-sanctioned-21-billion-crypto-scammer-black-market/