The marketplace Xinbi processed nearly 18 billion dollars in on-chain volume, overcoming platform bans and United States enforcement actions this year. According to TRM Labs, these crypto guarantee services demonstrated an unexpected resilience during January 2026, successfully evading international attempts to dismantle its infrastructure of asset laundering through the implementation of new digital tools and alternative channels.
Despite regulatory pressure, the gross volume recorded on the blockchain reflects massive activity that includes multiple internal transfers within its system. TRM Labs clarifies that this figure represents the total flow processed, consolidating the platform as a critical node for the movement of suspicious funds. When analyzing this data, it is observed that flows did not stop completely despite the block from governments.
The technological resilience of XinbiPay against international sanctions
The migration to alternative messaging services allowed the network to maintain its operation after the closing of massive channels on the Telegram app. Through the launch of XinbiPay, its own affiliated wallet, users managed to transition to a new ecosystem that is digitally secure. This capacity for technological adaptation shows that crypto guarantee services can mutate rapidly to survive harassment from authorities.
During this past January, on-chain data revealed a significant rebound in the activity of wallets directly linked to XinbiPay. This phenomenon occurred precisely when the money laundering infrastructure seemed to be at its most vulnerable point following the newly imposed sanctions. Therefore, the implementation of its own custody system facilitated the recovery of daily transaction volumes for its users.
According to Ari Redbord, global head of policy at TRM Labs, these entities are learning to fragment to survive legal compliance efforts. By sitting at the center of the scam economy, these networks facilitate the laundering of capital coming from massive frauds like pig-butchering. However, dismantling these links is essential to expose the networks that depend on their operational opacity to move funds.
How do these networks manage to evade the control of financial authorities?
The platform’s history shows that as early as May 2025, flows exceeding eight billion dollars were detected by analysts. At that time, several investigations linked this market with the sale of data that was highly sensitive. However, the sale of stolen data and scam tools in Southeast Asia indicates that the demand for anonymity remains extremely high for these criminal organizations.
Hence, the use of blockchain technology for these illicit purposes poses a constant challenge for security agencies globally at the present time. By recycling funds internally, crypto guarantee services manage to inflate their volume figures significantly. In this way, the criminal network builds a facade of commercial legitimacy that attracts more operators who are looking to evade international justice.
Looking ahead, authorities are expected to intensify monitoring of self-custody wallets that operate without any official oversight. While Xinbi continues to promote alternative channels, the battle against organized crime in digital environments will remain active. Ultimately, this will force the development of much more sophisticated intervention strategies to stop the flow of money of doubtful origin in the industry.
