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In August 2025, DarkTower evaluated eight major Chinese-language Telegram-based "Guarantee Syndicates" and found that they had 8,800 "Crime-as-a-Service" vendors. Xin Bi (New Coin) is the largest active Guarantee Syndicate. As of 02SEP2026 they had 4,686 active Crime-as-a-Service vendors. DarkTower evaluated those…
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