Crypto
Tether Freezes $39M in USDT Linked to Xinbi Guarantee Amid Illicit Finance Scrutiny
Tether has frozen $39.27 million in USDT across ten TRON addresses linked to Xinbi Guarantee, according to blockchain-monitoring firm MistTrack.
The move is part of growing scrutiny of stablecoin flows connected to illicit financial activity.
Xinbi Guarantee has been subject to international regulation due to allegations of involvement in illicit finance facilitated by cryptocurrencies. In March 2026, the UK imposed an asset freeze on Xinbi Company Limited and linked it to two TRON addresses.
The recent freeze followed another action implemented on wallets linked to Huione Guarantee, another Telegram escrow network.