🚨 Feds just froze $938M in scam crypto after Xinbi Guarantee bust — and they're coming for more

So the US Scam Center Strike Force just yanked another $52M in scam-linked crypto in a single day, bringing the total to roughly $938M. The target? Xinbi Guarantee — a Telegram-based marketplace that Treasury says processed over $24B, and yeah, the North Korean hackers used it.

▪️ Xinbi ran an escrow on Telegram — held the buyer's cash until the vendor delivered the dirty work. That meant custom investment scam sites and laundry services, all in one place.
▪️ The feds traced US victims' money straight to vendors advertising on Xinbi's Telegram channels. A federal court gave the green light to seize those channels on Sept. 7.
▪️ They grabbed two payment wallets holding about $12M and went after 47 more wallets tied to laundering on Xinbi's network.
▪️ Treasury's OFAC slapped sanctions on Xinbi Guarantee, plus Singapore-based Safew Technology and Cambodia-based Anwen Technology on Sept. 9 — for providing messaging and payment apps.
▪️ Xinbi started shifting merchants to an encrypted app around June 2025 and rolled out its own crypto wallet via Anwen — just as the heat turned up.
▪️ Meanwhile, US investigators spent two weeks in Madagascar, helping local cops hit 13 Chinese-run scam compounds, process 3,200+ devices, and interview almost 400 arrestees.

📊 Total frozen by the strike force: $938M
📊 Grabbed in a single day: $52M
📊 Xinbi volume since ~2022: $24B+
📊 Wallets seized on the spot: $12M

This is the biggest crackdown on Telegram-based guarantee markets yet — and it ain't slowing down. If you're holding anything that touched Xinbi's ecosystem or similar escrow platforms, congrats, you're in the blast radius. The strike force is methodically tracing victim funds and freezing wallets, so any dirty flow through these channels is now a liability. Expect more seizures as Chainalysis keeps mapping that $16.1B network that excludes Xinbi and Huione. Basically, if you're still playing in these waters, you're exit liquidity for the feds.

💬 «Approximately $52 million of cryptocurrency involved in scam money laundering was restrained in one day, bringing the total restrained by the Scam Center Strike Force to approximately $938 million.» — US Department of Justice

🔮 They seized the Telegram channels, but Xinbi already bounced to an encrypted app in June — so how much is actually left to freeze, huh?

@exverse_chat