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CryptoSlate reports Xinbi crackdown is spreading to rival marketplaces

CryptoSlate, citing Bitrace, says Fulilai’s wallet recorded $9.3 million in outflows after the sanctions, while the marketplace removed money-laundering merchants from public groups.

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1 Source, 23d ago, first seen 23d ago

TLDR

US sanctions on Xinbi are spilling over to rival marketplaces, CryptoSlate reports. Citing Bitrace, the outlet says rival Fulilai removed money-laundering merchants from public groups and its wallet recorded $9.3 million in outflows following the sanctions.

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1 Source, first seen 23d ago

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1 Source

@CryptoSlateThe US crackdown on Xinbi is spreading to rival marketplaces. Bitrace says Fulilai removed money-laundering merchants from public groups, while its wallet recorded $9.3M in outflows following the sanctions. https://cryptoslate.com/us-hit-on-24-billion-crypto-black-market-sends-rival-money-launderers-running-for-exits/23d
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    1 Source

    @CryptoSlateThe US crackdown on Xinbi is spreading to rival marketplaces. Bitrace says Fulilai removed money-laundering merchants from public groups, while its wallet recorded $9.3M in outflows following the sanctions. https://cryptoslate.com/us-hit-on-24-billion-crypto-black-market-sends-rival-money-launderers-running-for-exits/23d
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