#crypto-crime

#crypto-crime

Something strange was going on outside 38 Prince Street on Friday. We got a tip that a U-Haul was parked on the block around 2:30 that afternoon and that movers were carrying Aeron chairs and a Hästens mattress out of the federal-style townhouse where, according to Manhattan criminal court records, an Italian businessman had been held captive and tortured by two men looking to get the passwords to his crypto wallets.

Jacobs' analysis highlights the staggering scale of Xinbi Guarantee's operations, revealing an intricate ecosystem of illicit activities funder by over $8.4 billion in crypto transactions.