Funding Details
- Awarder
- RSS - feeds.arstechnica.com
- Date Award
- May 15, 2025
- Vertical
- Cybercrime
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2022
- Traction
- Facilitated $8.4 billion in transactions prior to Telegram's crackdown.
- Founders
- Mohd Shahrulnizam Bin Abd Manap
- Company Description
- Xinbi Guarantee is a US-incorporated illicit online marketplace that primarily offers money laundering services for Chinese-speaking scammers, facilitating over $8.4 billion in transactions through its Telegram-based platform.
- Market
- Chinese-speaking scammers
- Location
-
Aurora,
Colorado,
United States
Links