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US authorities restrain more than $52M tied to Xinbi scam marketplace

United States authorities restrained more than $52 million in crypto linked to Xinbi Guarantee and its vendor network as part of a coordinated operation. The US Justice Department said it seized two wallets used by Xinbi to collect crypto.

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On Wednesday, the US Justice Department said its Scam Center Strike Force seized two wallets used by Xinbi to collect…