DOJ Restrains $52 Million in Crypto Tied to Chinese Scam Marketplace Xinbi
US authorities have restrained roughly $52 million in scam-linked crypto in a single day and seized the Telegram channels of Xinbi Guarantee, a Chinese-language illicit market. Elliptic says its multi-year monitoring of Xinbi’s wallets enabled the Secret Service to act. Treasury sanctions landed the identical day. Inside the $24 Billion Xinbi Guarantee Economy Xinbi is…
