US sanctions Xinbi Guarantee for cyber scams targeting Americans
The United States imposed sanctions on Xinbi Guarantee, a Chinese-language platform used by transnational criminal organizations and money-laundering networks behind cyber scam operations targeting Americans.
The United States imposed sanctions on Xinbi Guarantee, a Chinese-language platform used extensively by transnational criminal organizations and money laundering networks tied to cyber scam operations targeting Americans. S. Department of the Treasury's Office of Foreign Assets Control said the platform had been used for laundering the proceeds of scam activity.