According to a recent report from the United Nations Office on Drugs and Crime (UNODC), the messaging app Telegram has become a favored tool for illicit cryptocurrency activities. This report highlights how powerful criminal syndicates in Southeast Asia use Telegram to conduct large-scale operations, including money laundering and crypto fraud.

Telegram: a fertile ground for crypto fraud according to the UN

Telegram, with its end-to-end encrypted messaging features and lax moderation, provides a conducive environment for illegal crypto transactions. Criminal networks…