Caixin: Hu Xiaowei, a figure associated with Cambodia's Prince Group, has been sanctioned by the UK.

More than two months after the detention of Chen Zhi, founder of Cambodia's Prince Group, the UK has further sanctioned Southeast Asian fraud networks, including Hu Xiaowei, who has close ties to Chen Zhi. The sanctions document released by the UK refers to Hu Xiaowei as "Wu Anming," stating that he is linked to Chen Zhi and the Prince Group, and is a "long-term collaborator of Chen Zhi," providing financial services, economic resources, and technical support. It is understood that the cryptocurrency exchange "Singapore Coin" has also been sanctioned. Singapore Coin is considered one of the largest illicit markets in Southeast Asia, providing cryptocurrency services to fraud centers, including the sale of stolen personal data and satellite internet equipment used to contact victims. (Caixin)