Tudou Guarantee linked to Huione winds down after $130M USDT refunds reported by Bitrace

Tudou Guarantee, a Telegram-based escrow service tied to Huione Group, has reportedly begun winding down after returning around $130 million in USDT to public merchants since early 2026. The move, which followed an announced shutdown on its Telegram channel, could slow phishing and pig butchering schemes that flourished on the platform and had previously been linked to tens of billions of dollars in crypto transactions.