September 10, 2026, 04:05 UTC
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US authorities restrained more than $52 million in crypto linked to Xinbi Guarantee and its vendor network. The Justice Department seized wallets and Telegram channels used by the marketplace, and the Treasury sanctioned Xinbi, SafeW Technology, and Anwen Technology for supporting scam and money-laundering operations across Southeast Asia. Officials said Xinbi has processed more than $24 billion since around 2022, and Tether assisted in the investigation.
Source: https://whale-alert.io/stories/9ce50142566905/US-sanctions-Xinbi-marketplace-and-seizes-52M-in-crypto-tied-to-scam-and-money-laundering-network
⚠️ This content is an automated quote/summary from an external source, not personal opinion or investment advice.
📉 📉 📉
US authorities restrained more than $52 million in crypto linked to Xinbi Guarantee and its vendor network. The Justice Department seized wallets and Telegram channels used by the marketplace, and the Treasury sanctioned Xinbi, SafeW Technology, and Anwen Technology for supporting scam and money-laundering operations across Southeast Asia. Officials said Xinbi has processed more than $24 billion since around 2022, and Tether assisted in the investigation.
Source: https://whale-alert.io/stories/9ce50142566905/US-sanctions-Xinbi-marketplace-and-seizes-52M-in-crypto-tied-to-scam-and-money-laundering-network
⚠️ This content is an automated quote/summary from an external source, not personal opinion or investment advice.
