As cited
Copy frozen at (site build).
breaches incidents
U.S. Disrupts Xinbi Guarantee Scam Marketplace, Freezes $52.8 Million in Crypto
The U.S. Department of Justice (DoJ) announced a coordinated law enforcement operation against Xinbi Guarantee, an online marketplace facilitating scam operations. The action included seizing Telegram channels, confiscating two cryptocurrency wallets containing $52.8 million, and deploying personnel to Madagascar to disrupt 13 scam compounds operated by Chinese organized crime groups.
Why it matters: Organizations and individuals targeted by romance, investment, and money mule recruitment scams should recognize that law enforcement is actively disrupting infrastructure, and security teams should monitor for related command-and-control channels and cryptocurrency flows associated with these organized crime networks.
- Source published
- First seen by Cybersecurity Tracker
Source attribution
Correction
Correction recorded as of .
breaches incidents
U.S. Disrupts Xinbi Guarantee Scam Marketplace, Freezes $52.8 Million in Crypto
The U.S. Department of Justice (DoJ) announced a coordinated law enforcement operation against Xinbi Guarantee, an online marketplace facilitating scam operations. The action included seizing Telegram channels, confiscating two cryptocurrency wallets containing $52.8 million, and deploying personnel to Madagascar to disrupt 13 scam compounds operated by Chinese organized crime groups.
Why it matters: Organizations and individuals targeted by romance, investment, and money mule recruitment scams should recognize that law enforcement is actively disrupting infrastructure, and security teams should monitor for related command-and-control channels and cryptocurrency flows associated with these organized crime networks.
- Source published
- First seen by Cybersecurity Tracker