Pirro criticizes illegal Chinese marketplace for fraud

U.S. authorities announced sanctions against Xinbi Guarantee, an online platform linked to Chinese cybercriminals that facilitated scams targeting Americans. The platform helped launder money from victims and sold fraudulent investment websites and money laundering tools. Actions included seizing cryptocurrency and shutting down TikTok and Telegram channels used by Xinbi, with efforts also leading to the arrest of hundreds and the raid of scam centers in Madagascar.

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