OFAC Sanctions Xinbi Guarantee TCO and XinbiPay Enablers Over Cyber Scam Marketplace

The U.S. Treasury’s Office of Foreign Assets Control sanctioned a Chinese-language cyber-scam marketplace network and two technology enablers on Wednesday.

Designations

U.S. Treasury (Press Releases sb0624; September 9, 2026): OFAC sanctioned Transnational Criminal Organization Xinbi Guarantee, a Chinese-language platform operating a large illicit online marketplace used to support cyber scams, fraud, money laundering, and other criminal activity targeting Americans. OFAC also designated two entities that support Xinbi Guarantee’s core operations via digital currency and other financial services: Cambodia-based Anwen Technology Co., Ltd. (developer of XinbiPay, also referred to as NewPay wallet) and Singapore-based SafeW Technology Co., Ltd. (developer of the SafeW messaging application).

Designations are pursuant to Executive Order 13581 (“Blocking Property of Transnational Criminal Organizations”), as amended. Treasury stamps the action as taken in furtherance of Executive Order 14390 of March 6, 2026 (“Combating Cybercrime, Fraud, and Predatory Schemes Against American Citizens”).

Scale / coordination

Treasury: since around 2022, Xinbi Guarantee’s marketplace has processed the equivalent of over $24 billion in digital assets and fiat currency. The action is coordinated with the Department of Justice’s Scam Center Strike Force, which seized infrastructure and digital asset wallets used by Xinbi Guarantee.

Secretary Scott Bessent: “Scam centers in Southeast Asia steal billions of dollars from American victims each year.”

Treasury stamps that today’s actions complement the United Kingdom Foreign, Commonwealth and Development Office’s March 26, 2026 sanctions action against Xinbi.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.