xinbi-telegram-market-tied-to-$8.4b-in-crypto-crime,-romance-scams,-north-korea-laundering

A Chinese-language marketplace on Telegram known as Xinbi Guarantee has facilitated at least $8.4 billion in transactions since 2022, positioning it as the second noteworthy black market unveiled following HuiOne Guarantee.
As per a report released by blockchain analytics company Elliptic, vendors on the marketplace have been discovered to trade in technology, personal information, and money laundering activities.


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