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Operational Brief
Tudou Guarantee, a Telegram-based marketplace, has ceased operations after processing over $12 billion in fraud transactions and the arrest of its chairman. The platform was the third-largest illicit marketplace globally.
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Telegram-Based Marketplace Closes After Prince Group Founder's Arrest Telegram marketplace Tudou Guarantee, which processed over $12 billion in fraud transactions, has ceased operations following the arrest of Prince Group chairman Chen Zhi, who was extradited to China in January. Elliptic said it was the third-largest illicit marketplace of all time.