Back to all news
Security

Feds Have Now Frozen $938M in Scam Crypto After Telegram Market Bust

Bitcoin.com News·September 13, 2026·1 min read
Feds Have Now Frozen $938M in Scam Crypto After Telegram Market Bust

Federal authorities restrained about $52 million in scam-linked cryptocurrency in a single day during a crackdown on Xinbi Guarantee, lifting the Justice Department strike force's running total to roughly $938 million. Treasury says the marketplace processed more than $24 billion and was reportedly used by North Korean hackers.

Read at Bitcoin.com News
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store