Key Findings Telegram-based illicit marketplace Tudou Guarantee has stopped transactions in its public groups after handling over $12 billion in transactions. Tudou Guarantee grew after the closure of the Huione Guarantee marketplace, with many sellers offering stolen data, money laundering services, and scam infrastructure. The shutdown of Tudou Guarantee is linked to the collapse of the Prince Group and the arrest of its chairman, Chen Zhi, in connection with a vast investm
