CoinScoopSecret Service Freezes $52.8 Million in Crypto Linked to Telegram Scam Marketplace
The U.S. Secret Service has frozen $52.8 million in cryptocurrency associated with a Telegram-based marketplace involved in global scams. Blockchain analysis firm Elliptic tracked the funds, and the U.S. Treasury has sanctioned the platform. Xinbi, which reportedly processed $24 billion through the scam bazaar, has contested the freeze as unfair.
Summaries are written by AI from the original article. Not investment advice.