Caixin: Cambodian Prince Group Associate Hu Xiaowei Sanctioned by UK

Odaily News Following the detention of Cambodian Prince Group founder Chen Zhi for over two months, the UK has imposed further sanctions on Southeast Asian fraud networks, including Hu Xiaowei, who is closely associated with Chen Zhi. The UK's published sanctions documents refer to Hu Xiaowei as "Wu Anming," stating his association with Chen Zhi and Prince Group, describing him as a "long-term collaborator of Chen Zhi" who provided support including financial services, economic resources, and technology. It is reported that the virtual currency trading platform "Xinbi" was also sanctioned. Xinbi is considered one of the largest illegal markets in Southeast Asia, providing cryptocurrency services for fraud centers, including the sale of stolen personal data and satellite internet equipment used to contact victims. (Caixin)