Telegram Torches Chinese Crypto Laundering Hubs in $8.4B USDT Crackdown

Telegram has removed thousands of Xinbi and Huione channels after analysts traced $8.4B in laundered USDT through these marketplaces. The move shows how encrypted messaging and stablecoins have fueled industrial-scale fraud and human-trafficking rings across Southeast Asia. The post Telegram Torches Chinese Crypto Laundering Hubs in $8.4B USDT Crackdown appeared first on Cryptonews.

Source: cryptonews.com

Related symbols: USDTUSD

2025-05-14 21:54:02 GMT.