{"id":39347,"date":"2026-03-28T21:14:38","date_gmt":"2026-03-28T21:14:38","guid":{"rendered":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/"},"modified":"2026-03-28T21:14:38","modified_gmt":"2026-03-28T21:14:38","slug":"uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs","status":"publish","type":"post","link":"https:\/\/cryptd.in\/pt\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/","title":{"rendered":"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs"},"content":{"rendered":"<p>Britain\u2019s Foreign, Commonwealth and Development Office (FCDO) has sanctioned the Chinese-language crypto marketplace Xinbi, which blockchain analytics firm Chainalysis says processed nearly $20 billion in volume between 2021 and 2025.<\/p>\n<p>The designation means that the UK government isn\u2019t just targeting individual scammers but has taken aim at the financial infrastructure that keeps Southeast Asia\u2019s industrial-scale fraud operations running.<\/p>\n<h2>The Platform\u2019s Role in the Scam Supply Chain<\/h2>\n<p>According to Chainalysis, Xinbi is a peer-to-peer marketplace, mostly on Telegram, where criminals can <a href=\"https:\/\/www.chainalysis.com\/blog\/xinbi-designation-chinese-language-crypto-scam-infrastructure\/\">buy<\/a> and sell illegal goods and services with built-in escrow protections. Think of it as an online marketplace, except the vendors are not selling consumer goods. They are selling stolen personal data, money laundering services, scam software, and even satellite internet equipment used to contact fraud victims.<\/p>\n<p>Alongside Xinbi, the FCDO also sanctioned Legend Innovation, the operator of #8 Park, described by the UK government as Cambodia\u2019s largest scam facility with the capacity to accommodate 20,000 trafficked workers, as well as two individuals linked to the Prince Group: Thet Li, described as a key financial lieutenant, and Hu Xiaowei, who allegedly operated under three different aliases.<\/p>\n<p>Per data provided by Chainalysis, the platform processed about $19.9 billion in crypto flows over a four-year period and was tightly linked with other illegal services such as the Huione and Tudou guarantee platforms. Furthermore, the firm reported that Xinbi was actively facilitating scams by giving criminals tutorials and chatbots to help them manipulate victims.<\/p>\n<p>This is not the first time the network has been targeted, with authorities pushing Telegram to close the crypto escrow market\u2019s channels in 2025. However, that action did little to stop it, as it quickly created new communication channels and ensured its website was still accessible. Even on-chain data showed that transaction volume on the platform didn\u2019t drop during Telegram\u2019s takedown action.<\/p>\n<h2>Crypto Laundering Networks Are a Growing Menace<\/h2>\n<p>Earlier in the year, <em>CryptoPotato<\/em> reported on how escrow markets like Xinbi <a href=\"https:\/\/cryptopotato.com\/inside-the-crypto-laundering-networks-of-gambling-syndicates\/\">sent<\/a> millions to major crypto exchanges, with the funds coming from online gambling, scams, and large-scale laundering operations. One of the largest, Huione Group, is said to have <a href=\"https:\/\/cryptopotato.com\/largest-illicit-marketplace-huione-guarantees-dark-rise-to-24-billion\/\">processed<\/a> transactions worth more than $24 billion before it was shut down mid-last year.<\/p>\n<p>FCDO\u2019s sanctioning of Xinbi highlights the increasing attempts to fight crypto-enabled fraud by directly targeting the rails and marketplaces that sustain it. The agency\u2019s designation came under its Global Human Rights process, as it accused Xinbi of supporting entities that take part in torture and other human rights abuses within scam centers.<\/p>\n<p>Apart from targeted designations, the UK is using several other measures to try to stop criminals from moving, cashing out, and spending stolen digital assets, including regulations and close law enforcement collaborations. One such joint action saw UK agencies team up with U.S. authorities, including OFAC and FinCEN, to <a href=\"https:\/\/cryptopotato.com\/tudou-guarantee-emerges-as-key-successor-after-huione-darknet-shutdown\/\">shut down<\/a> Huione Group and open a $15 billion civil forfeiture case against it.<\/p>\n<p>A publica\u00e7\u00e3o <a href=\"https:\/\/cryptopotato.com\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/\">UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs<\/a> apareceu primeiro em <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Britain\u2019s Foreign, Commonwealth and Development Office (FCDO) has sanctioned the Chinese-language crypto marketplace Xinbi, which blockchain analytics firm Chainalysis says processed nearly $20 billion in volume between 2021 and 2025. The designation means that the UK government isn\u2019t just targeting individual scammers but has taken aim at the financial infrastructure that keeps Southeast Asia\u2019s industrial-scale [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-39347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/pt\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/\" \/>\n<meta property=\"og:locale\" content=\"pt_PT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Britain\u2019s Foreign, Commonwealth and Development Office (FCDO) has sanctioned the Chinese-language crypto marketplace Xinbi, which blockchain analytics firm Chainalysis says processed nearly $20 billion in volume between 2021 and 2025. The designation means that the UK government isn\u2019t just targeting individual scammers but has taken aim at the financial infrastructure that keeps Southeast Asia\u2019s industrial-scale [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/pt\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-28T21:14:38+00:00\" \/>\n<meta name=\"author\" content=\"cryptd.in\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"cryptd.in\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo estimado de leitura\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/\"},\"author\":{\"name\":\"cryptd.in\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/person\\\/7973e8183bc6723b86adfe84d5af0ce4\"},\"headline\":\"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs\",\"datePublished\":\"2026-03-28T21:14:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/\"},\"wordCount\":505,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/United_Kingdom-PVwzy0.jpg\",\"articleSection\":[\"Feeds\"],\"inLanguage\":\"pt-PT\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/\",\"name\":\"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs - cryptd.in\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/United_Kingdom-PVwzy0.jpg\",\"datePublished\":\"2026-03-28T21:14:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/#breadcrumb\"},\"inLanguage\":\"pt-PT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-PT\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/United_Kingdom-PVwzy0.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/United_Kingdom-PVwzy0.jpg\",\"width\":1201,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptd.in\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#website\",\"url\":\"https:\\\/\\\/cryptd.in\\\/\",\"name\":\"cryptd.in\",\"description\":\"Alternative LinkedIn for Crypto-friendly Talents\",\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptd.in\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-PT\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\",\"name\":\"cryptd.in\",\"url\":\"https:\\\/\\\/cryptd.in\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-PT\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cryptdin_logo.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cryptdin_logo.jpg\",\"width\":900,\"height\":900,\"caption\":\"cryptd.in\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/person\\\/7973e8183bc6723b86adfe84d5af0ce4\",\"name\":\"cryptd.in\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-PT\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/litespeed\\\/avatar\\\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1780422885\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/litespeed\\\/avatar\\\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1780422885\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/litespeed\\\/avatar\\\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1780422885\",\"caption\":\"cryptd.in\"},\"sameAs\":[\"http:\\\/\\\/cryptd.in\"],\"url\":\"https:\\\/\\\/cryptd.in\\\/pt\\\/author\\\/cryptd-in\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs - cryptd.in","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptd.in\/pt\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/","og_locale":"pt_PT","og_type":"article","og_title":"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs - cryptd.in","og_description":"Britain\u2019s Foreign, Commonwealth and Development Office (FCDO) has sanctioned the Chinese-language crypto marketplace Xinbi, which blockchain analytics firm Chainalysis says processed nearly $20 billion in volume between 2021 and 2025. The designation means that the UK government isn\u2019t just targeting individual scammers but has taken aim at the financial infrastructure that keeps Southeast Asia\u2019s industrial-scale [&hellip;]","og_url":"https:\/\/cryptd.in\/pt\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/","og_site_name":"cryptd.in","article_published_time":"2026-03-28T21:14:38+00:00","author":"cryptd.in","twitter_card":"summary_large_image","twitter_misc":{"Escrito por":"cryptd.in","Tempo estimado de leitura":"2 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/#article","isPartOf":{"@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/"},"author":{"name":"cryptd.in","@id":"https:\/\/cryptd.in\/#\/schema\/person\/7973e8183bc6723b86adfe84d5af0ce4"},"headline":"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs","datePublished":"2026-03-28T21:14:38+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/"},"wordCount":505,"commentCount":0,"publisher":{"@id":"https:\/\/cryptd.in\/#organization"},"image":{"@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2026\/03\/United_Kingdom-PVwzy0.jpg","articleSection":["Feeds"],"inLanguage":"pt-PT","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/","url":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/","name":"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs - cryptd.in","isPartOf":{"@id":"https:\/\/cryptd.in\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/#primaryimage"},"image":{"@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2026\/03\/United_Kingdom-PVwzy0.jpg","datePublished":"2026-03-28T21:14:38+00:00","breadcrumb":{"@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/#breadcrumb"},"inLanguage":"pt-PT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/"]}]},{"@type":"ImageObject","inLanguage":"pt-PT","@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/#primaryimage","url":"https:\/\/cryptd.in\/wp-content\/uploads\/2026\/03\/United_Kingdom-PVwzy0.jpg","contentUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2026\/03\/United_Kingdom-PVwzy0.jpg","width":1201,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/cryptd.in\/uk-sanctions-20b-crypto-marketplace-linked-to-scam-hubs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptd.in\/"},{"@type":"ListItem","position":2,"name":"UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs"}]},{"@type":"WebSite","@id":"https:\/\/cryptd.in\/#website","url":"https:\/\/cryptd.in\/","name":"cryptd.in","description":"LinkedIn alternativo para talentos amigos da criptografia","publisher":{"@id":"https:\/\/cryptd.in\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptd.in\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-PT"},{"@type":"Organization","@id":"https:\/\/cryptd.in\/#organization","name":"cryptd.in","url":"https:\/\/cryptd.in\/","logo":{"@type":"ImageObject","inLanguage":"pt-PT","@id":"https:\/\/cryptd.in\/#\/schema\/logo\/image\/","url":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/05\/cryptdin_logo.jpg","contentUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/05\/cryptdin_logo.jpg","width":900,"height":900,"caption":"cryptd.in"},"image":{"@id":"https:\/\/cryptd.in\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptd.in\/#\/schema\/person\/7973e8183bc6723b86adfe84d5af0ce4","name":"cryptd.in","image":{"@type":"ImageObject","inLanguage":"pt-PT","@id":"https:\/\/cryptd.in\/wp-content\/litespeed\/avatar\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1780422885","url":"https:\/\/cryptd.in\/wp-content\/litespeed\/avatar\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1780422885","contentUrl":"https:\/\/cryptd.in\/wp-content\/litespeed\/avatar\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1780422885","caption":"cryptd.in"},"sameAs":["http:\/\/cryptd.in"],"url":"https:\/\/cryptd.in\/pt\/author\/cryptd-in\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/posts\/39347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/comments?post=39347"}],"version-history":[{"count":0,"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/posts\/39347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/media\/39349"}],"wp:attachment":[{"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/media?parent=39347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/categories?post=39347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptd.in\/pt\/wp-json\/wp\/v2\/tags?post=39347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}