Blockchain security company Elliptic reports that Xinbi Guarantee, headquartered in Colorado, USA, is an illegal cryptocurrency marketplace targeting Southeast Asian fraudsters. It has processed $8.4 billion in transactions, primarily through money laundering and "pig killing" scams using USDT stablecoins. Xinbi provides money laundering services, technical equipment, and fake identity documents, with 233000 users and a transaction volume of over 1 billion US dollars in the fourth quarter of 2024, and is related to North Korean hacker money laundering activities. (Cointelegraph) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=42420