Cambodia
ABMedia
U.S. Sanctions Xinbi Guarantee and Seizes Wallets; Platform Handled More Than $24 Billion
- OFAC designated Xinbi Guarantee under Executive Order 13581, as amended by Executive Order 13863, and linked the action to the U.S. campaign against cybercrime and fraud under Executive Order 14390.
- SafeW Technology Co., Ltd. of Singapore was sanctioned for providing the SafeW end-to-end encrypted communications platform, which Xinbi Guarantee began using around June 2025 to migrate merchants and money-laundering networks.
- Cambodia-based Anwen Technology Co., Ltd. was sanctioned for developing XinbiPay, also known as the NewPay wallet; all U.S.-linked property of designated parties is blocked, including entities they own at least 50 percent of individually or collectively.