U.S. Justice Department Shuts Down Xinbi Guarantee Scam Platform, Freezes $52.8 Million in Cryptocurrency

The U.S. Department of Justice announced a coordinated enforcement operation targeting Xinbi Guarantee, an illicit marketplace facilitating fraud…

Remain vigilant against Telegram channels or platforms promoting guarantee services or quick investment schemes. Verify identities and avoid cryptocurrency transfers to unverified addresses. Report suspicious activity to local authorities.