Xinbi Guarantee A Chinese crypto service called Xinbi Guarantee was a huge online marketplace for laundering money related to theft, for-hire harassment, hacking rings, sex trafficking, and more. All the while, as Wired reports, the platform was based in... Colorado. Xinbi was exposed today in a new report by Elliptic, a crypto-tracking group. As the report explains, Xinbi's business was mostly conducted through the freewheeling messaging site Telegram, where criminal operatives and enterprisers based mostly in Southeast Asia sold illicit services and orchestrated movements of stolen cash and data. According to Elliptic, around $8.4 billion moved through the crypto operation, primarily by way […]