POPA ReconTether Freezes $39.3M USDT Linked to Xinbi Guarantee
Tether Freezes $39.3M USDT Linked to Xinbi Guarantee Tether has frozen approximately 39.27M USDT across 10 TRON addresses that blockchain intelligence platform MistTrack identified as linked to Xinbi Guarantee, a Chinese-language Telegram-based guarantee marketplace. Xinbi Guarantee emerged on Telegram around 2022 and has been identified as a major marketplace serving scam operators and money-laundering networks across Southeast Asia. Research from Elliptic found that the platform had received more than $8.4B in USDT, while TRM Labs estimates its total transaction volume at approximately $24…
The excerpt is quoted from a public Telegram channel, which owns its text.