On September 9, 2026, the DOJ’s Scam Center Strike Force froze approximately $52 million in laundered cryptocurrency. The operation targeted Xinbi Guarantee, a Chinese-language marketplace operating on Telegram that provided infrastructure for fraudulent activities.
The U.S. Treasury Department’s Office of Foreign Assets Control sanctioned Xinbi Guarantee, along with two related entities, Anwen and SafeW Technology. Tether assisted investigators by identifying and locking the wallets associated with these platforms.
In a concurrent two-week operation in Madagascar, authorities dismantled 13 scam compounds managed by Chinese operators. This effort led to the arrest of between 400 and 500 individuals involved in forced labor and fraud schemes.
The Scam Center Strike Force, established in November 2025 under U.S. Attorney Jeanine Pirro, involves collaboration between the FBI and the U.S. Secret Service. Following the recent operation, the total value of assets seized or frozen by the task force reached $938 million.
