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  • Xinbi Guarantee is a Chinese-language, Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.
  • Merchants on the marketplace sell technology, personal data and money laundering services. The USDT stablecoin is the primary payment method, with the market having received $8.4 billion in transactions to date. Some transactions can be linked to funds stolen by North Korea.
  • Xinbi Guarantee claims to operate through Xinbi Co. Ltd, incorporated in Colorado.
 
  • Xinbi Guarantee is a Chinese-language, Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.
  • Merchants on the marketplace sell technology, personal data and money laundering services. The USDT stablecoin is the primary payment method, with the market having received $8.4 billion in transactions to date. Some transactions can be linked to funds stolen by North Korea.
  • Xinbi Guarantee claims to operate through Xinbi Co. Ltd, incorporated in Colorado.
 

The state created “Texas Partnership” charter schools to turn around struggling public campuses, but an Observer investigation has uncovered numerous academic and financial issues.

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