Massive Cryptocurrency Fraud Operation Uncovered on Telegram with $8.4 Billion in Transactions
Blockchain analytics firm Elliptic has uncovered one of the largest cryptocurrency fraud operations to date, identifying a Telegram-based criminal marketplace called Xinbi Guarantee that has processed over $8.4 billion in cryptocurrency transactions since 2022. This platform ranks as the second-largest underground market after HuiOne Guarantee, marking a significant milestone in the evolution of digital financial … Read more