An $8.4 Billion Chinese Hub for Crypto Crime Is Incorporated in Colorado

Security Update News

Update Information

Title An $8.4 Billion Chinese Hub for Crypto Crime Is Incorporated in Colorado
Update ID WIRED:2C9A79524771AF0BB308084606A70A6F
Type wired
Published 2025-05-13T14:00:00
Last Updated 2025-05-13T14:00:00

Security Impact

CVSS Score 0.0
Severity NONE
Attack Vector

Affected CVEs

Update Details

Before a crackdown by Telegram, Xinbi Guarantee grew into one of the internet’s biggest markets for Chinese-speaking crypto scammers and money laundering. And all registered to a US address.

View Advisory Details

πŸ’­ Join the Security Discussion

πŸ”’ Your email address will not be published. Required fields are marked *

⚠️ Please be respectful and constructive in your comments. Security discussions should remain professional.