The Treasury has sanctioned the Chinese-language platform Xinbi, which is accused of operating on crypto transactions for other criminal networks.
The U.S. Treasury has sanctioned Xinbi Guarantee, described as a widespread cyber-scam hub.
According to a Coindesk report, the Chinese-language platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks. Further verified details were not immediately available.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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