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DOJ Restrains $52 Million in Crypto Tied to Chinese Scam Marketplace Xinbi

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US authorities have restrained roughly $52 million in scam-linked crypto in a single day and seized the Telegram channels of Xinbi Guarantee, a Chinese-language illicit marketplace. Elliptic says its multi-year tracking of Xinbi’s wallets enabled the Secret Service to act. Treasury sanctions landed the same day. Inside the $24 Billion Xinbi Guarantee Economy Xinbi isThe postDOJ Restrains $52 Milli...

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