星球日报|Sep 09, 2026 06:01
[On-Chain Enforcement in Progress: Newcoin Guarantee's Frozen Funds Surge to Over $45 Million, Scope Expands to Related Business Addresses]
Odaily Planet Daily News – According to the latest updates from security agency Bitrace's official tracking and monitoring, USDT issuer Tether has frozen 50 blockchain addresses in one action, including 22 business addresses belonging to Southeast Asia's leading illegal cryptocurrency trading guarantee platform—Newcoin Guarantee. The total amount frozen has reached a staggering $45 million.
Bitrace's investigation revealed that the primary targets of this freezing operation are Newcoin Guarantee's recent business addresses (upper deposit addresses, intermediary addresses, lower deposit addresses), the outgoing hot wallet address of Newcoin Guarantee's illegal payment tool Xpay, and certain third-party illegal entity addresses closely tied to Newcoin Guarantee's financial activities. At least 22 business addresses associated with Newcoin Group have been impacted, with over $45 million subjected to on-chain enforcement.
It is reported that this on-chain enforcement differs fundamentally from previous single-address fund freezes related to North Korean hackers via Huiwang Pay, as other associated business addresses have also been included. Targeting Newcoin Guarantee itself, the enforcement first froze business addresses containing recent operational funds, followed by the freezing of the withdrawal hot wallet of its payment tool, and finally the freezing of certain partner merchant addresses.
Bitrace further stated that as of September 9, 2026, the unknown enforcement agency's on-chain enforcement activities are still ongoing. After Newcoin Guarantee's addresses were frozen on the 8th, the temporarily activated business addresses were also frozen later that evening, with the time interval being less than 12 hours. On-chain enforcement continues.
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