AiCoin|Mar 28, 2026 03:37
[Cambodian Prince Group Affiliate Hu Xiaowei Sanctioned by the UK]
On March 28, Caixin reported that the UK imposed sanctions on Southeast Asian scam networks, involving Hu Xiaowei, a long-term collaborator of Chen Zhi, the founder of the Cambodian Prince Group. The sanction documents state that Hu Xiaowei is closely associated with Chen Zhi and the Prince Group, providing financial services, economic resources, and technical support. Additionally, the cryptocurrency trading platform 'NBX' was also sanctioned, accused of being one of the largest illegal markets in Southeast Asia, offering cryptocurrency services and selling stolen personal data.
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