Hu Xiaowei, a member of the Prince Group of Cambodia, is sanctioned by Britain

According to Caixin, more than two months after Chen Zhi, the founder of the Prince Group in Cambodia, was detained, the UK imposed further sanctions on Southeast Asian fraud networks, including Hu Xiaowei, who had close connections with Chen Zhi. The British government called Hu Xiaowei the Prince Group's "long-term collaborator of Chen Zhi." The connection originated from the private service of "Legend" and later jointly established companies at home and abroad. The British government website published the sanctions information on March 26, which includes a number of natural persons and entities related to the Prince Group. Chen Zhi, 38, is the founder of Prince Group. He was born in a fishing village in Fujian. He previously opened an Internet cafe and worked as a network manager. He started his career as a hacker to "rob" the private service of "Legend". More than a decade ago, he went to Southeast Asia and became a citizen of Cambodia. In a few years, he controlled a single global fraud network. As a duke, he earned millions of gold every day and was worth tens of billions of dollars. The Bitcoin confiscated by the United States alone was worth 15 billion US dollars. At the height of his limelight, Chen Zhi was still deployed in Singapore, the United Kingdom, China Taiwan and other places. In early January 2026, he was revoked of Cambodia nationality and escorted back to China on suspicion of fraud, illegal business operations, concealment and concealment of proceeds of crime.