UPay
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·5raE69…526ySummary
UPay is a Dubai-based crypto payments platform offering a wallet app and Visa-branded crypto card, including white-label card issuance services for partners. On October 2, 2026, blockchain investigator ZachXBT publicly questioned whether UPay had allowed Xinbi Guarantee, a Chinese-language illicit marketplace designated by the U.S. Treasury's OFAC on September 9, 2026 as a transnational criminal organization, to white-label a Visa crypto card through UPay. UPay CEO Owen Yang confirmed an internal investigation had begun but did not confirm or deny a relationship with Xinbi, and no public evidence has yet established that Xinbi issued or launched a card through UPay.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(5 events)
26 March 2026
United Kingdom's FCDO sanctions Xinbi, preceding the later U.S. action
Treasury/OFAC bulletin via govdelivery.com9 September 2026
U.S. Treasury's OFAC designates Xinbi Guarantee as a significant transnational criminal organization, sanctions two affiliated firms (Anwen Technology, SafeW Technology), and adds 52 TRON addresses to the SDN list; DOJ's Scam Center Strike Force seizes over $52 million in related crypto assets
U.S. Treasury/OFAC press bulletin2 October 2026
ZachXBT publicly questions UPay, alleging it may have allowed sanctioned entity Xinbi to white-label a Visa crypto card
CryptoTimes2 October 2026
UPay CEO Owen Yang responds publicly, stating he had missed ZachXBT's earlier private message and that an internal investigation had begun
CryptoTimesOctober 2026
Crypto news outlets (CryptoTimes, PANews, TokenPost, Phemex) report on the allegation and UPay's response
CryptoTimesDecision Log
- hash: E51m5tV6DDE7oQ24NDfGhiYtkPTQ6aBt8QVugfWbUuvm
This investigation is cryptographically anchored to the Solana blockchain (1 event). 6 of 7 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 10/4/2026, 4:04:09 AM
last updated: 10/4/2026, 10:22:39 AM
avoid.net — verified advice for a post-truth world