Fuli Lai Guarantee Platform Clears Money Laundering Merchants Following OFAC Sanctions

Blockchain analytics firm Bitrace reports that the transaction guarantee platform Fuli Lai Guarantee (福利来担保) has begun removing merchants involved in money laundering activities. Following the OFAC sanctions against Xinbi Guarantee, the platform's associated wallet has seen an outflow of 9.3 million USDT as merchants exit the market.