A $20 Billion Crypto Scam Market Faces a New Government Crackdown

Wired Security

• March 26, 2026 at 03:15 PM

A $20 Billion Crypto Scam Market Faces a New Government Crackdown

The Telegram-based Xinbi Guarantee black market sells services that help prop up scam operations. British officials just hit the highly lucrative marketplace with sweeping sanctions.

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