<ul><li>Haowang Guarantee, the world's largest-ever illicit online marketplace, has announced the cessation of all operations after Telegram blocked its NFTs, channels, and groups.</li><li>Blockchain analytics firm Elliptic led to the shutdown of the two largest online criminal marketplaces, Huione Guarantee and Xinbi Guarantee, by Telegram.</li><li>Thousands of Telegram channels and accounts linked to Haowang Guarantee were closed, handling over $35 billion in USDT transactions, making it the largest illegal online marketplace.</li><li>Smaller platform Xinbi Guarantee also ceased operations due to account closures, and there are rumors that Haowang may attempt a comeback under a different name on a different messenger platform.</li></ul>

World’s Largest Black Market Shut Down By Telegram With Over $35Bn In USDT TXs

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