U.S. Disrupts Xinbi Guarantee Scam Marketplace, Freezes $52.8 Million in Crypto

Overview

The U.S. Department of Justice (DoJ) on Wednesday announced coordinated actions aimed at an illicit online marketplace called Xinbi Guarantee that offered scam services, including seizing Telegram channels used to run the service, confiscating two cryptocurrency wallets, and deploying the Scam Center Strike Force to Madagascar to help disrupt 13 scam compounds run by Chinese organized crime

Key Developments

This reflects an evolving cybersecurity situation.

Technical Details

Attackers may use automation and vulnerabilities.

Impact & Risks

Potential disruption and data exposure.

Conclusion

Organizations must stay vigilant.

Read more: https://thehackernews.com/2026/09/us-disrupts-xinbi-guarantee-scam.html