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Tudou Guarantee Marketplace Halts Telegram Transactions After Processing $12 Billion

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2 unique sources, 2 articles

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Tudou Guarantee, a Telegram-based marketplace facilitating illicit services, has ceased transactions through its public Telegram groups after processing over $12 billion. The shutdown follows significant growth and law enforcement actions against associated entities, including the arrest of Prince Group CEO Chen Zhi. The marketplace was a key platform for selling stolen data, money laundering services, and AI-powered scam infrastructure. The closure is part of a broader crackdown on Southeast Asian scam economies, with law enforcement agencies like the U.S. Scam Center Strike Force actively dismantling related networks. However, the void left by Tudou Guarantee is expected to be filled by other marketplaces. Tudou Guarantee's gambling operations continue to function, and the shutdown may represent the first stages of a full shutdown or a pivot away from fraud-related activity.

Timeline

  1. 20.01.2026 09:40 2 articles · 1d ago

    Tudou Guarantee Halts Telegram Transactions After $12 Billion in Processing

    Tudou Guarantee, a Telegram-based marketplace, has ceased transactions through its public groups after processing over $12 billion. The shutdown follows law enforcement actions against Prince Group and its CEO Chen Zhi, who was arrested and extradited to China. The marketplace was a key platform for illicit services, including stolen data and AI-powered scams. The U.S. Scam Center Strike Force has seized $401 million in cryptocurrency from related schemes. Tudou Guarantee's gambling operations continue to function, and the shutdown may represent the first stages of a full shutdown or a pivot away from fraud-related activity.

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Information Snippets

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U.S. sanctions cyber scam operations in Southeast Asia

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