High Alert

Feds Have Now Frozen $938M in Scam Crypto After Telegram Market Bust

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Feds Have Now Frozen $938M in Scam Crypto After Telegram Market BustWorldPing
Image via Bitcoin.com.

What happened

Federal authorities restrained about $52 million in scam-linked cryptocurrency in a single day during a crackdown on Xinbi Guarantee, lifting the Justice Department strike force’s running total to roughly $938 million.

Key facts

  • Federal authorities restrained about $52 million in scam-linked cryptocurrency in a single day during a crackdown on Xinbi Guarantee, lifting the Justice Department strike force’s running total to roughly $938 million.
  • Reported by Bitcoin.com and published Sun, 13 Sep 2026 06:30:25 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Nigel Farage’s Reform UK lands $97 million donations from two crypto billionaires in 24 hours

  2. Revolut says customer KYC, Bitcoin transaction data exposed after fake request from gov’t domain

  3. Bitcoin’s $80,000 ceiling looks fragile after stocks shrugged off near-5% Treasury yields

  4. CryptoQuant says bitcoin must clear resistance at $81,700 to confirm new bull market

  5. Grayscale Says US Crypto Rules Can Advance Without CLARITY Act

  6. Ripple Board Member Who Ran Amazon Finance Is Polymarket’s New CFO

  7. Feds Have Now Frozen $938M in Scam Crypto After Telegram Market Bust

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

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