# DOJ Seizes $52M Crypto, Sanctions Xinbi Scam Network

**Published:** 2026-09-11T09:04:54.331Z  
**Topic:** Crypto Scam  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/299cfada-a09c-4f50-8efe-ea17760e0360

US authorities seized over $52 million in crypto and sanctioned Xinbi Guarantee, SafeW Technology, and Anwen Technology for supporting a Southeast Asian scam

US authorities have restrained more than $52 million in cryptocurrency linked to Xinbi Guarantee and its vendor network, seizing wallets and Telegram channels used by the Chinese-language marketplace. The action, which included sanctions from the Treasury Department, targets a network that officials say has processed over $24 billion since around 2022, primarily through Tether's USDT on the TRON blockchain [1, 2, 3].

| At a glance | |
|---|---|
| Crypto Seized | Over $52 million [1] |
| Entities Sanctioned | Xinbi Guarantee, SafeW Technology, Anwen Technology [1] |
| Total Processed | Over $24 billion since 2022 [1] |
| Key Catalyst | US Justice Department and Treasury enforcement actions [1, 2] |

## Enforcement Actions Target Xinbi Operations
The Justice Department's Scam Center Strike Force seized two crypto wallets holding approximately $12 million and sought restraints against an additional 47 wallets tied to suspected money laundering via Xinbi [3]. These two seized wallets were used by Xinbi to collect payments for vendors operating through its marketplace [3]. Tether assisted investigators, having separately frozen $39.3 million in USDT across 10 Tron addresses linked to Xinbi earlier in the week [3].

Alongside the Justice Department's actions, the US Treasury Department’s Office of Foreign Assets Control (OFAC) designated Xinbi as a significant transnational criminal organization [3]. OFAC also sanctioned Singapore-based SafeW Technology, which developed an encrypted messaging application Xinbi used for its networks, and Cambodia-based Anwen Technology, which developed XinbiPay (also known as NewPay), a cryptocurrency payment and digital wallet application [3]. These sanctions require property and interests belonging to the three designated entities that are in the United States or controlled by US persons to be blocked [3].

## Network Scope and Previous Disruptions
Xinbi Guarantee, a Chinese-language marketplace, has been tracked by blockchain analytics firm Elliptic since May 2025 [2]. It serves scam-center operators and vendors across Telegram, advertising fraud websites, money laundering services, and recruitment for scam compounds in Southeast Asia [2, 3]. Treasury data indicates that Xinbi and its associated platforms processed over $24 billion in digital asset and fiat transactions since its emergence around 2022 [3]. This volume ranks behind Huione Guarantee, which handled $31 billion before closing in 2025 [2]. Xinbi Pay, a linked payments arm, processed an additional $6 billion, mostly using Tether's USDT on the TRON blockchain [2].

The US actions follow earlier pressure, including UK sanctions against Xinbi in March 2026 [2]. Despite previous attempts to disrupt its communications infrastructure, such as Telegram removing thousands of channels in May 2025, Xinbi continued to operate, moving parts of its operation away from Telegram as scrutiny increased [3]. The latest seizures, including Telegram channels, aim to disrupt a key route for communication and commerce for Xinbi merchants [2, 3]. The US Secret Service stated that overseas criminals used the Xinbi network to launder money taken from American victims, believing they were beyond the reach of US authorities [2]. The Scam Center Strike Force has restrained approximately $938 million in cryptocurrency since its launch in November 2025, with the Xinbi action adding about $52 million in one day [2].

## What to watch
*   **Xinbi's operational response:** Monitor whether Xinbi attempts to rebuild its infrastructure or shift further to platforms without issuer freeze functions, following its exchange of USDT for Decentralized USD (USDD) after the freezes [2].
*   **Impact on associated entities:** Observe any further enforcement actions or disruptions to SafeW Technology and Anwen Technology, given their designation by OFAC [3].
*   **Broader enforcement trends:** Watch for additional actions by the US Scam Center Strike Force, which has restrained nearly $1 billion in crypto since November 2025, as part of its wider campaign against scam operations [2].

The coordinated US enforcement action against Xinbi Guarantee and its supporting entities highlights the increasing ability of authorities to target and disrupt large-scale crypto-enabled scam and money-laundering networks across multiple jurisdictions.

## Sources
1. Whale-alert — [US sanctions Xinbi marketplace and seizes $52M in crypto tied to...](https://whale-alert.io/stories/9ce50142566905/US-sanctions-Xinbi-marketplace-and-seizes-52M-in-crypto-tied-to-scam-and-money-laundering-network)
2. Analytics Insight — [US Restrains USD 52M in Crypto Funds, Seizes Xinbi Telegram Channels](https://www.analyticsinsight.net/news/us-restrains-usd-52m-in-crypto-funds-seizes-xinbi-telegram-channels)
3. Crypto — [DOJ targets Xinbi Guarantee network, restrains over $52M in crypto](https://crypto.news/doj-targets-xinbi-guarantee-network-restrains-over-52m-in-crypto/)

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Cite as: TrendWatcher, "DOJ Seizes $52M Crypto, Sanctions Xinbi Scam Network", https://www.trendwatcher.in/article/299cfada-a09c-4f50-8efe-ea17760e0360