U.S. Treasury Sanctions Another Widespread Cyber-Scam Hub, Xinbi Guarantee
11 Articles
11 Articles
Washington has imposed restrictions on China's Xinbi Guarantee platform under the pretext of combating cyber fraud, reported by the United States Ministry of Foreign Affairs. In a statement by the United States agency, the site was described as "an illegal online trading site used to support cyber fraud, money-laundering and other illegal activities directed against Americans" by TASS. According to the Ministry, since its inception in 2022, an o…
U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee
US Imposes Sanctions on Chinese-Language Platform Linked to 24bn in Crypto
The US Treasury’s OFAC sanctioned Xinbi Guarantee, a Chinese-language platform linked by US authorities to cyber-fraud and money laundering. SafeW Technology and Anwen Technology were also targeted.
The U.S. Treasury Department announced that the Office of Foreign Assets Control (OFAC) is working to support cyberfraud, money laundering, and other criminal activities targeting Americans...
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Indian Abroad News - We Bring You HomeUS sanctions Chinese-language scam hub
Digital Desk | Washington, Sep 9 (IANS) The United States on Wednesday sanctioned Xinbi Guarantee, a Chinese-language platform accused of operating a vast illicit marketplace that supports cyber scams, financial fraud and money laundering targeting Americans. The Treasury Department’s Office of Foreign Assets Control also designated two companies that allegedly provided digital currency, technology and other financial services essential to Xin…
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