According to CoinMeta, Wu said that he learned that the online detective ZachXBT posted a statement questioning the CEO Owen Yang of the cryptocurrency payment and card issuance platform UPay, claiming that UPay seemingly allowed Xinbi to launch Visa cryptocurrency cards in a white-label format, and demanded an explanation of the relationship between the two parties. As of now, no public response from UPay or Owen Yang has been seen. The US Treasury Department OFAC sanctioned Xinbi Guarantee on September 9th, stating that its platform was used for criminal activities such as online fraud, scamming, and money laundering. Official information from UPay shows that the company...