Elliptic: a US-registered firm ran a Telegram black market for Chinese crypto scammers with $8.4B in sales since 2022; Telegram has now banned many accounts (Andy Greenberg/Wired)

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Andy Greenberg / Wired:
Elliptic: a US-registered firm ran a Telegram black market for Chinese crypto scammers with $8.4B in sales since 2022; Telegram has now banned many accounts  —  Before a crackdown by Telegram, Xinbi Guarantee grew into one of the internet's biggest markets for Chinese-speaking crypto scammers and money laundering.

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