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U.S. Disrupts Xinbi Guarantee Scam Marketplace, Freezes $52.8 Million in Crypto

The Hacker News·September 9, 2026·1 min read
U.S. Disrupts Xinbi Guarantee Scam Marketplace, Freezes $52.8 Million in Crypto

The U.S. Department of Justice announced actions against Xinbi Guarantee, an illicit marketplace offering scam services. Authorities seized Telegram channels, confiscated two cryptocurrency wallets, and deployed the Scam Center Strike Force to Madagascar to disrupt 13 scam compounds run by Chinese organized crime.

Read at The Hacker News
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