A Chinese-language, Telegram-based marketplace called Xinbi Guarantee has facilitated no less than $8.4 billion in transactions since 2022, making it the second major black market to be exposed after HuiOne Guarantee. According to a report published by blockchain analytics firm Elliptic, merchants on the marketplace have been found to peddle technology, personal data, and money laundering
Published: 2025-05-14T20:57:00