The US Treasury just dropped sanctions on Xinbi, and the fallout was instant. Right after the announcement hit, every single one of Xinbi’s Telegram channels got wiped clean—nuked completely, not one left standing.
With the groups gone, the only thing on anyone's mind is the cash. All those installment deposits locked inside are pretty much down the drain; getting that money back now will be next to impossible. Guys sitting around roadside tea stalls were trying to figure out if the balances left on their screens are just completely dead money at this point.
Things have been tense on the ground lately, with everyone already keeping their heads down. To watch a massive platform collapse overnight without even kicking up a splash—it really sends a chill down your spine.
