UK sanctions $20B scam market by cutting ‘legitimate’ crypto ties
The Big Coin Report Take
It’s estimated that Xinbi processed more than $19.9 billion in illicit flows between 2021 and 2025 and that the platform is deeply interconnected with a range of other illicit services.
Not financial advice. The Big Coin Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Cryptocurrencies are highly volatile. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →
Never miss a story
More from this section
Anthropic wins court pause on Pentagon Claude banCrypto News1h ago
Maxine Waters seeks details on Kraken Fed account approvalCrypto News2h ago
US federal judge temporarily blocks Pentagon's Anthropic banCoinTelegraph6h ago
Lawmakers push another bill to curb prediction market insider tradingCoinTelegraph6h ago