Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Secret Service Cracks Down on Global Scam Tools Sold via Telegram

Guavy AI Editorial Team
Share

The U.S. Secret Service has frozen $52.8 million in cryptocurrency tied to Xinbi Guarantee, a Chinese-language marketplace on Telegram that sells tools for scammers to defraud people worldwide.

Xinbi Guarantee is known to run on Telegram and sell the necessary tools for global scams. The government agents worked with Blockchain analytics firm Elliptic to identify and freeze the funds.

'Elliptic has been tracking Xinbi and its wallet infrastructure for several years, and our intelligence directly enabled the freezing action,' said a statement from Elliptic.

More on Crypto

Crypto 2m ago

Zebec Integrates MoneyGram, Stellar for Stablecoin Payments Across 170 Countries

Crypto 3m ago

Apeing's Presale Takes Top Spot Among Top Altcoin Picks

Crypto 3m ago

Blackrock's $19.5M Bitcoin ETF Outflow Fuels Bearish Sentiment

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy