Chinese Trading Platform Xinbi Guarantee Facilitates $8.4 Billion in Money Laundering
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The Chinese trading platform Xinbi Guarantee, operating via Telegram, has enabled the laundering of more than $8.4 billion since 2022. This makes it the second-largest black market after HuiOne Guarantee. Experts have revealed that this shadowy platform has facilitated massive illegal transactions, significantly impacting the cryptocurrency black market.