Tagged: xinbi

September 12, 2026 @ 3:45 pm By Omar Faridi  |  

Tether, the issuer of the world’s most widely used dollar-linked stablecoin, has been publicly thanked by the US Department of Justice for helping investigators disrupt a sprawling marketplace accused of supporting crypto fraud and money laundering. The company said on September 11, 2026, that the… Read More

September 11, 2026 @ 1:25 pm By Omar Faridi  |  

On September 9, 2026, US authorities took action against Xinbi Guarantee, a Chinese-language marketplace investigators describe as a central hub for Southeast Asia’s industrial-scale online fraud economy. The Treasury Department’s Office of Foreign Assets Control (OFAC) listed the platform as a significant transnational criminal organization and also designated… Read More