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Wu Blockchain (@WuBlockchain): According to WIRED, a Chinese-language crypto black-market ecosystem on Telegram has reached a record scale. Elliptic estimates that platforms such as…

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According to WIRED, a Chinese-language crypto black-market ecosystem on Telegram has reached a record scale. Elliptic estimates that platforms such as “Tudou Guarantee” and “New Coin Guarantee” facilitate nearly $2 billion per month in money-laundering and scam-related transactions. Researchers say these markets have surpassed AlphaBay and Hydra, becoming the largest illegal online crypto markets to date. https://twitter.com/i/web/status/2003482045172121861

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