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律动BlockBeats
律动BlockBeats|3月 27, 2026 12:10
Hu Xiaowei, a member of the Cambodian Crown Prince Group, has been sanctioned by the UK BlockBeats news, on March 27th, according to Caixin, after more than two months of detention, the founder of Cambodia's Crown Prince Group, Chen Zhi, the UK has further imposed sanctions on Southeast Asian fraud networks, including Hu Xiaowei, who is closely associated with Chen Zhi. The UK government refers to Hu Xiaowei as a "long-term collaborator" of the Crown Prince Group, and the association originated from the private server of "Legend" and later jointly established companies both domestically and overseas. On March 26th, the UK government website announced this sanction information, which includes multiple natural persons and entities related to the Crown Prince Group. Chen Zhi, 38 years old, is the founder of the Taizi Group and comes from a fishing village in Fujian. He previously opened an internet cafe and worked as a network administrator. He started his career by hacking and "robbing" the private servers of "Legend". More than a decade ago, he went to Southeast Asia and became a Cambodian citizen. Within a few years, he controlled a single global electronic fraud network and earned millions of dollars daily as a duke, with a net worth of tens of billions of dollars. The Bitcoin confiscated by the United States alone was worth 15 billion dollars. At the peak of popularity, Chen Zhi was also in Singapore, the United Kingdom, Taiwan, China, China and other places. In early January 2026, he was stripped of his Cambodian nationality and deported back to China on suspicion of fraud, illegal business operations, and concealing criminal proceeds.
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Timeline

4月 20, 00:37The U.S. Navy intercepts the Iranian cargo ship 'Tosca'
4月 19, 16:02Iran Reaffirms the Vital Importance of Strait Control
4月 08, 15:56The U.S. Treasury Department will propose compliance rules for stablecoin issuers
4月 08, 14:32North Korea internal payment server data leak
4月 07, 20:50Prosecutors Reject Tornado Cash Co-Founder’s Request
4月 06, 15:22Binance compliance team undergoes personnel changes
3月 31, 21:45The U.S. Treasury Department sanctioned Tornado Cash
3月 28, 18:10Russian satellite photographs U.S. military facilities
3月 26, 14:08The UK government imposes sanctions on the cryptocurrency platform Xinbi
3月 26, 13:57The UK government sanctions crypto trading platform Xinbi

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