Feds Have Now Frozen $938M in Scam Crypto After Telegram Market Bust
Federal authorities restrained about $52 million in scam-linked cryptocurrency in a single day during a crackdown on Xinbi Guarantee, lifting the Justice Department strike force’s running total to roughly $938 million. Treasury says the marketplace processed more than $24 billion and was reportedly used by North Korean hackers. Crypto Scam Crackdown Nears $1 Billion About […]
Key Takeaways
- Federal authorities restrained about $52 million in scam-linked cryptocurrency in a single day during a crackdown on Xinbi Guarantee, lifting the Justice Department strike force’s running total to roughly $938 million.
- Treasury says the marketplace processed more than $24 billion and was reportedly used by North Korean hackers.
- Crypto Scam Crackdown Nears $1 Billion About […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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