The UK has sanctioned 18 crypto firms it says were connected to a Russia-linked sanctions evasion network worth around $90 billion, tightening the screws on the financial machinery helping Moscow keep its war economy moving. 18 crypto firms sanctioned by the UK Officials say they were tied to a Russia-linked $90 billion network Target is […]
Read Full Article
HTX has been dragged deeper into the UK’s compliance spotlight, with authorities sanctioning a Huobi-linked entity over alleged Russia-connected financial activity and turning up the heat on an exchange that was already under fire for allegedly unlawful promotions. Huobi Global S.A., linked to HTX, has been sanctioned by the UK The move is tied to […]
Read Full Article
UK Sanctions $20B Crypto Marketplace for Cryptocurrency Scams and Fraud Links The UK government has unleashed a regulatory bombshell, sanctioning a cryptocurrency marketplace valued at a jaw-dropping $20 billion over alleged ties to scam hubs and fraudulent activities. This high-stakes move underscores the escalating tension between the promise of decentralized innovation and the pressing need […]
Read Full Article
UK Hammers Xinbi in $20 Billion Crypto Scam Crackdown: A Wake-Up Call for Blockchain Crime The United Kingdom has unleashed a brutal crackdown on Xinbi, a Chinese-language cryptocurrency guarantee marketplace, for funneling nearly $20 billion in illicit transactions between 2021 and 2025. Announced on March 26, 2026, by the UK Foreign, Commonwealth & Development Office, […]
Read Full Article
UK Sanctions Crypto Marketplace Xinbi for $19.9 Billion Fraud and Trafficking Network – A Historic Crackdown The United Kingdom has made history by becoming the first nation to slap sanctions on Xinbi, a Chinese-language cryptocurrency marketplace linked to a staggering $19.9 billion fraud and human trafficking empire spanning 2021 to 2025. Announced on March 26 […]
Read Full Article