<ul><li>Xinbi Guarantee, a Colorado-incorporated entity, is involved in laundering billions in cyberfraud and scam proceeds, with over $8 billion traced to Xinbi-related addresses.</li><li>The marketplace facilitates money laundering for scams like 'pig butchering' and is linked to North Korean crypto thefts, showcasing industrial-scale illicit operations.</li><li>Elliptic analysts have identified Xinbi as a key platform for illicit finance, with significant inflows of crypto, serving over 233,000 users and doubling in less than a year.</li><li>Xinbi vendors engage in various illegal activities, from money laundering services to cybercrime infrastructure, including offering illegal services such as surveillance and exploitation of minors.</li></ul>

Crypto Crackdown: $8 Billion Laundered Through Xinbi’s Marketplace Exposed

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