Telegram Shuts Down $8.4B Crypto Crime Ring — What It Means for Crypto Scam Victims

Telegram just dropped the hammer on one of the biggest crypto crime rings we’ve seen yet. A shadow operation called Xinbi Guarantee was exposed for allegedly facilitating over $8.4 billion in illegal transactions using USDT. And get this — it was registered in Colorado. That’s right, a full-blown crypto scam hiding in plain sight.

Xinbi Guarantee operated like a dodgy escrow service, acting as the middleman for shady deals involving everything from money laundering to human trafficking. Criminals used the platform to give their illegal transactions a “guarantee” — and it all ran through crypto wallets and stablecoins, mostly USDT, making it a textbook USDT scam.

Once investigators from Elliptic blew the whistle, Telegram shut down a wave of associated channels. It’s a big win in the fight against crypto theft, but it’s just the tip of the iceberg. These groups are multiplying fast — often operating through encrypted messaging apps and hiding behind legitimate business registrations.

Why It Matters to You

This isn’t just a big headline — it’s a red flag for anyone in the crypto space. Whether you’re trading Bitcoin, holding altcoins, or just dipping your toe into DeFi, the risk of crypto scams is real, and it’s growing.

One wrong click, one shady Telegram group, and you could be staring at a hacked wallet or stolen crypto. Scammers are getting smarter. You have to be faster.

Lost Crypto? There’s Still Hope

If you’ve been hit by a Bitcoin scam, wallet hack, or lost funds in a crypto theft, don’t write it off. At Crypto Seeker, we specialise in crypto recovery. That means:

✅ Tracking stolen crypto across blockchain networks;

✅ Using legal channels to recover hacked or scammed funds;

✅ Working with investigators to help you fight back.

Whether your loss involved a Telegram scam, a USDT fraud, or a dodgy exchange, together with our trusted partners, we know how to follow the trail — and we won’t stop until every lead is exhausted.

Don’t Let Scammers Win

You’re not alone, and you’re not powerless.

Find your crypto with Crypto Seeker — your partner in getting back what’s yours.