CoinScoopDOJ Restrains $52 Million in Crypto Linked to Xinbi Marketplace
The U.S. Department of Justice has restrained approximately $52 million in cryptocurrency associated with the Chinese-language illicit marketplace Xinbi Guarantee. Authorities also seized the platform's Telegram channels. The operation was supported by multi-year wallet tracking from Elliptic, which assisted the Secret Service, while the U.S. Treasury Department issued simultaneous sanctions.
Summaries are written by AI from the original article. Not investment advice.