CryptoThe Hacker Newsabout 15 hours ago
US Seizes $52.8M in Crypto from Xinbi Scam Marketplace
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The U.S. Department of Justice seized two wallets and froze $52.8 million in cryptocurrency from the Xinbi Guarantee marketplace, which facilitated money laundering for scam centers. The Treasury Department sanctioned Xinbi and two supporting technology firms, SafeW Technology and Anwen Technology, for enabling the criminal network.
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