Deep Tide TechFlow News, March 28 — According to Caixin, after the founder of Cambodia Prince Group, Chen Zhi, was detained for over two months, the UK further sanctions Southeast Asian scam networks, including closely related individual Hu Xiaowei. The UK’s published sanctions document refers to Hu Xiaowei as “Wu Anming,” stating that he has connections with Chen Zhi and Prince Group, and is a “long-term collaborator of Chen Zhi,” providing financial services, economic resources, and technology support.

It is reported that the virtual currency trading platform “Xinbi” has also been sanctioned. Xinbi is considered one of Southeast Asia’s largest illegal markets, offering cryptocurrency services for scam centers, including the sale of stolen personal data and satellite internet devices used to contact victims.