CryptoBearishChainalysis Blog ยท 5h ago7/10
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UK Government Designates Xinbi, Key Node in Chinese-Language Crypto-Enabled Scam Infrastructure
The UK's Foreign, Commonwealth and Development Office has officially designated Xinbi, a major Chinese-language illicit guarantee marketplace that facilitates crypto-enabled scams. This designation represents a significant regulatory action against cryptocurrency-based fraud infrastructure targeting Chinese-speaking communities.