
highCyber Attacks
U.S. Disrupts Xinbi Guarantee Scam Marketplace, Freezes $52.8 Million in Crypto
The U.S. Department of Justice announced coordinated actions against Xinbi Guarantee, an illicit online marketplace offering scam services. Authorities seized Telegram channels, confiscated two cryptocurrency wallets, and froze $52.8 million in crypto assets. The Scam Center Strike Force was deployed to Madagascar to disrupt 13 scam compounds operated by Chinese organized crime.
The Hacker News2 min read