TechUS hit on $24 billion crypto black market sends rival money launderers running for exits
US authorities escalated enforcement against Xinbi Guarantee, restraining more than $52 million in crypto and seizing infrastructure tied to the Chinese-language marketplace. The Treasury designated Xinbi a significant transnational criminal organization and sanctioned SafeW Technology and Anwen Technology, while investigators targeted wallets, Telegram channels and other services linked to laundering and illicit transactions. Chainalysis said North Korea-linked actors moved tens of millions in stolen crypto through Xinbi vendors, which also served scam operators and underground cash-out networks.
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CryptoSlate★★★★☆2026-09-10 14:00Original
US hit on $24 billion crypto black market sends rival money launderers running for exits
Tech