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.
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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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.
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.