Check Wallet Transactions with LINE XREX Launches AntiFraud Wallet Inquiry Tool Whats the Next Phase Goal

Blockchain financial institution XREX Group announced today (26th) that it is officially entering the regulatory technology (RegTech) industry, launching the XRAY blockchain wallet address query tool. The first phase releases the LINE bot “Free Basic Version” and “Free Advanced Version”. Before the official public release, many prosecutors, detectives, and law enforcement professionals have already tried it out, helping to investigate various cases involving cryptocurrencies such as fraud, money laundering, organized crime, sanctions, and hacking, thus accelerating the efficiency and precision of investigations.


As one of the first law enforcement officers to try XRAY, the director of the Criminal Police Bureau’s Technology Crime Prevention Center, Lin Jianlong, stated: “XRAY can quickly provide relevant information about wallet addresses, which is very helpful for preliminary judgments. If the wallet address belongs to a specific exchange, it can also display its name, which is beneficial for the next step of the investigation. Currently, the batch query can handle up to 10 wallet addresses at a time, and we look forward to XRAY enhancing the large-scale batch queries.”
The “Free Basic Version” of XRAY has been released and is open for registration by everyone. By adding the LINE bot as a friend and passing verification, users can paste the input wallet address and send a message to accurately identify the domestic and foreign exchanges to which the wallet address belongs, and immediately display the types and quantities of assets stored in that wallet address.
The first wave of domestic exchanges that can be immediately recognized includes but is not limited to: XREX, BitoPro, Maicoin, MAX, ACE, HoyaBit, Rybit, BITGIN; international exchanges include: Binance, OKX, Huobi, Bybit, Crypto.com, BingX, Bitfinex, Coinbase, Kraken, etc.
To apply and activate the “Free Basic Version” service of XRAY, please fill out this form.
The “Free Advanced Version” involves deeper criminal intelligence and is currently only open to law enforcement agencies, regulatory bodies, government personnel, and compliance staff of banks, electronic payments, and exchanges for real-name registration. This version of XRAY will additionally provide the risk level and risk patterns of the queried wallet addresses, such as descriptions of fraud, money laundering, organized crime, sanctions, hacking, etc. To apply and activate the XRAY “Free Advanced Version” service, please fill out this form.
XRAY will help law enforcement officers precisely request data from exchanges and assist regulatory units in studying the use of fraudulent, money-laundered, and illegal cryptocurrencies, which often occur on certain exchanges. It will also enable compliance staff of banks and exchanges to assess the risk level of a particular cryptocurrency deposit or withdrawal.
Let’s join forces against fraud across Taiwan!
XREX co-founder and CEO, Huang Yaowen, said: “XRAY focuses on identifying Asian crime patterns, especially fraud and money laundering behaviors, which are less emphasized in Western blockchain intelligence tools. XRAY will fill this gap.”
Since its establishment in 2018, XREX has successively launched three major businesses: the XREX exchange, XREXPay stablecoin payment platform, and white-label exchange. XRAY is the fourth product line. Last month, when announcing the investment from Tether, the world’s largest stablecoin issuer, XREX had already foreshadowed its investment in RegTech innovation.
The LINE bot is the first phase of XRAY’s release, with the second phase set to launch a web version and open API integration.
XREX Group’s Chief Security Officer, SunHuang, stated: “XRAY uses the blockchain’s openness, transparency, and immutability to complete the foundation of compliance technology, allowing illegal activities to be reported, reminded, and supervised. This is our unavoidable social responsibility. We also hope that more like-minded individuals from home and abroad can become part of the XRAY community, joining us in using technology and community power to fight fraud globally, starting from Taiwan.”
XREX plans to cooperate with the Taiwan Financial Technology Association to integrate XRAY’s anti-fraud and anti-money laundering technology into the association’s financial crime joint defense working group, building an appropriate real-time monitoring and joint defense platform for digital asset platforms, financial institutions, law enforcement agencies, and regulatory authorities in Taiwan and Asia.
The Honorary Chairman of the Taiwan Financial Technology Association, Tsai Yuling, who also serves as the General Advisor to the Republic of China Virtual Currency Business Association, stated: “The cryptocurrency industry must effectively eliminate its dark side to stand tall and face the light. ‘Identifying fraud, blocking fraud, preventing fraud, and punishing fraud’ requires cross-departmental and cross-sector public-private cooperation. The upcoming collaboration between XREX and the Taiwan Financial Technology Association will be an excellent demonstration.”