The UK designated Xinbi under its Global Human Rights sanctions for enabling online fraud and human exploitation. Chainalysis says Xinbi processed about $19.9 billion from 2021–2025 and ran escrow-style services that underpinned Cambodia’s '#8 Park' industrial scam compound. The government also sanctioned individuals tied to the compounds and seized linked London properties.
UK sanctions Chinese crypto marketplace tied to scam compounds
The British government sanctioned Xinbi, a Chinese-language cryptocurrency marketplace accused of enabling large-scale online fraud and human exploitation, in a move targeting the financial infrastructure behind global scam networks.
UK sanctions Xinbi marketplace linked to Asian scam centers
The United Kingdom's Foreign, Commonwealth and Development Office (FCDO) has sanctioned Xinbi, a Chinese-language cryptocurrency-based online marketplace that sells stolen data and satellite internet equipment to scam networks in Southeast Asia.