Telegram recently conducted an operation to remove Chinese cryptocurrency scam markets from its popular messaging platform. The action targeted markets specifically engaging in fraudulent activities.
Despite the platform’s efforts to eliminate these operations, the scam markets demonstrated significant resilience. Within a short timeframe, they successfully rebuilt their presence and resumed trading activities on Telegram.
This rapid return underscores the persistent challenge messaging platforms face in combating sophisticated cryptocurrency fraud networks. The incident highlights how quickly these illegal operations can reorganize and relaunch after enforcement actions, posing ongoing risks to users.