#uk-sanctions2 articles

2 articles

CryptoBearishBlockonomi · 4h ago7/10

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Britain Sanctions Xinbi Platform in Sweeping Cryptocurrency Fraud Operation

The UK has imposed sanctions on the Xinbi cryptocurrency platform as part of a major crackdown on cryptocurrency fraud operations. The platform is allegedly linked to Southeast Asia fraud networks involving stolen data marketplaces and trafficking-backed scam operations operating globally.

CryptoBearishThe Block · 1h ago6/10

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UK sanctions crypto-linked marketplace Xinbi amid crackdown on Southeast Asia scam centres

The UK has imposed sanctions on crypto-linked marketplace Xinbi as part of a broader crackdown on Southeast Asian scam centers. The measures specifically target financial infrastructure supporting fraudulent operations, including platforms used for selling stolen data.