CoinScoopTether freezes $39.3 million in USDT linked to Xinbi Guarantee
Tether has frozen approximately $39.3 million in USDT across 10 Tron addresses associated with the illicit marketplace Xinbi Guarantee. TRM Labs identified Xinbi as one of the largest illegal cryptocurrency markets in Southeast Asia, with a cumulative transaction volume of roughly $24.2 billion. The freeze was initially reported by the MistTrack platform.
Summaries are written by AI from the original article. Not investment advice.