CyberNotableConfirmedDeveloping
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US sanctions Xinbi Guarantee marketplace, seizes $52M in cyber scam crackdown
South China Morning PostLO·US · CN·about 22 hours ago
Spanish police arrested 21 individuals linked to an international 'narcobank' that laundered millions via cryptocurrencies, enabling large-scale cocaine trafficking. The operation highlights the growing role of crypto in illicit finance, though details on the network's scale and geographic reach remain limited.