UK becomes first country to sanction crypto marketplace Xinbi over $19.9B fraud empire

The UK has sanctioned crypto marketplace Xinbi and Cambodia’s #8 Park scam compound over a $19.9b fraud and trafficking network, freezing London assets ahead of June’s Illicit Finance Summit. The UK government on March 26 sanctioned Xinbi, a Chinese-language cryptocurrency…

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post

Moonwell hit by governance attack — $1.08M at risk for $1,800 spend

Next Post

The $100 billion corporate Bitcoin surge is down to one buyer as other companies stop adding

Related Posts