Secret Service Freezes $52.8 Million in Crypto Tied to Telegram Bazaar Behind Global Scams
The Secret Service and Treasury have frozen $52.8 million in cryptocurrency tied to a Telegram scam bazaar named Xinbi, which allegedly ran $24 billion through illicit activities. The marketplace operators called the freeze unfair.
- Estimated loss
- $52,800,000
- Confidence
- High
- First seen
- 9 Sep 2026, 17:30 UTC