US Sanctions Crypto Platform Xinbi Guarantee Used by North Korean Hackers

The US Treasury sanctioned cryptocurrency platform Xinbi Guarantee for facilitating illicit finance linked to North Korean hacking operations and Asian fraud centers. This action targets a key financial conduit for state-sponsored cybercrime, signaling continued US pressure on DPRK revenue streams. The platform's role in laundering funds remains partially unverified, but the designation is a concrete enforcement step.