Huione-linked Tudou Guarantee winds down amid $130M USDT refunds: Bitrace
0
0
The apparent shutdown follows years of scrutiny of one of crypto’s largest fraud marketplaces.
A Telegram-based escrow service linked to an illicit online marketplace appears to be winding down operations after refunding more than $130 million in stablecoins, a move that analysts say may disrupt a major hub for crypto-related scams.
Tudou Guarantee, a service linked to the Huione Group, has apparently refunded $130 million in Tether USDt (USDT) to the group’s public merchants since the beginning of 2026, according to data shared by blockchain analytics company Bitrace. Refunds began with about $3.7 million on Jan. 1 and peaked at about $18.1 million on Sunday, Bitrace said.
Earlier on Friday, the company seemingly announced the shuttering of operations through its Telegram channel, according to screenshots shared by Bitrace.
0
0
Gérez tous vos cryptos, NFT et DeFi à partir d'un seul endroit.Connectez de manière sécurisée le portefeuille que vous utilisez pour commencer.
0
0
0
0
