Secret Service Freezes $52.8 Million in Crypto Tied to Telegram Bazaar Behind Global Scams - Decrypt

Secret Service Freezes $52.8 Million in Crypto Tied to Telegram Bazaar Behind Global Scams - Decrypt

Secret Service froze $52.8M in USDT tied to Xinbi Guarantee, a Telegram scam marketplace that processed $24B in illicit transactions since 2022. The action signals regulatory control of stablecoins; criminals migrating to USDD face irony—reserves backed by the frozen USDT.