The U.S. Treasury has sanctioned Xinbi Guarantee, described as another widespread cyber-scam hub. According to CoinDesk, the Chinese-language platform is accused of operating through cryptocurrency transactions while offering services to other criminal networks. The input provided does not include additional details on the scope of the sanctions, any named entities beyond Xinbi Guarantee, or specific transaction figures. The move places Xinbi among platforms facing U.S. regulatory action over alleged use of crypto infrastructure in broader cyber-enabled crime. CoinDesk identified the platform as Chinese-language and tied its activity to services provided for other criminal groups, but no further operational timeline or enforcement specifics were included in the source digest.
The U.S. Treasury has sanctioned Xinbi Guarantee, which was identified as another widespread cyber-scam hub.
According to CoinDesk, the Chinese-language platform is accused of operating on cryptocurrency transactions while offering services to other criminal networks.
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