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The UK sanctions Hu Xiaowei, an associate of the Cambodian Prince Group, and a certain cryptocurrency exchange platform.

GateNews

Regulation & Policy Enforcement Actions

2026-03-28 03:46:18

Gate News message, March 28, after Cambodian Prince Group founder Chen Zhi had been detained for more than two months, the UK further imposed sanctions on the Southeast Asian scam network, including Hu Xiaowei, who is closely associated with Chen Zhi. In the sanction documents published by the UK, Hu Xiaowei is referred to as "Wu Anming," and it states that he is associated with Chen Zhi and the Prince Group, and is a "longtime collaborator of Chen Zhi," providing support such as financial services, economic resources, and technology. In addition, a certain virtual currency exchange platform was also sanctioned. The platform is believed to be one of the largest illegal markets in Southeast Asia, providing services that supply cryptocurrencies

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