Crypto

UK Sanctions Crypto Marketplace Xinbi in Crackdown on Southeast Asian Scam Centers

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In brief

  • The UK has sanctioned cryptocurrency marketplace Xinbi, which provides services to scam centers including selling stolen personal data and satellite equipment.
  • Sanctions also target #8 Park, believed to be Cambodia’s largest scam compound with capacity for 20,000 trafficked workers.
  • The…

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