Chinese sellers on Taobao are operating a well-run, multi-million dollar black market for AI tokens, offering access to legitimate LLM providers like Claude for pennies on the dollar.

0:00Did you know there's a black market for AI tokens? Chinese sellers are offering up API tokens and subscription to popular LLM providers like Cloud Code and OpenAI Codex for pennies on the dollar. >> I've heard stories of companies losing a million dollars a day. I heard through the grapevine of a coding agent, one of the more popular ones, that's currently losing $10 million a month and it's

0:23doubling every 2 months. Three of my favorite things in life are good deals, sketchy Chinese websites, and protecting shareholder value. So, you know, I had to dig in and check it out myself. I spent my own money on black market cla tokens, and what I found out was a well-run, multi-million dollar industry that goes deeper than I could have ever imagined. Were these real cloud API tokens? Where are they

0:46getting them? How are they offering them so cheap? What's the catch? Are they selling my data? I'm Wes and welcome to Syntax. searching for black market tokens. I hopped on Taabow and searched for Claude and I was amazed at how many things will pop up. Now, Taow is kind of like a Chinese Amazon, but there are tons and tons of different sellers on there. If you've ever used like AliExpress or

1:09something like that, it's like that, but a thousand times better with absolutely everything that's available to you, even black market cloud tokens. And after a couple hours of searching, I came across kind of three types of listings. After doing all the translate, the three types of listings that I stumbled upon were first seemingly legitimate Claude subscriptions. So these ones right here, if you look at them, Claude 4.8, Pro,