[The Second Huiwang? Security Company Investigates the Gate User Asset Theft Case: Newpay Becomes Another Leading Guarantee Platform in Southeast Asia, Total Revenue Exceeds 1.6 Billion USDT] Odaily Planet Daily News – Following the theft of $1.7 million from Gate users, blockchain investigations by the security company Bitrace revealed that after withdrawing the victims' funds, the attacker transferred the stolen funds in multiple transactions to the same Newpay User address. This entity is a crypto payment tool launched by Newpay Guarantee, which was formerly known as the Non-KYC payment tool Xinbi Wallet, based on a Telegram Bot in 2025. After Newpay developed its proprietary application Xinbipay, the previous channel was shut down, and users were migrated to the mobile application. Eventually, to evade regulatory scrutiny, it was renamed Newpay. According to Bitrace monitoring, since its inception, this entity's total revenue has exceeded 1.6 billion USDT. Its business scale experienced significant growth after the collapse of the Huiwang Group at the end of 2025. Following the downfall of the guarantee-associated payment tool Prince Group, Newpay Guarantee, Jinbei Guarantee, Dali Guarantee, and Fulilai Guarantee, among other second-tier guarantee platforms, collectively divided the Southeast Asian market.