The UK government has sanctioned Xinbi, described as “one of the largest illicit marketplaces in Southeast Asia,” targeting its role in providing cryptocurrency-based services to scam centers that defraud victims worldwide while exploiting trafficked workers.
Stephen Doughty, Minister of State for Europe, North America and Overseas Territories, said the sanctions send a "clear message" that the UK will not tolerate scam centers targeting British victims, or "the awful human rights abuses perpetrated in these scam centres."
The sanctions also target Legend Innovation Co., the operator of #8 Park—a recently identified scam compound linked to the Prince Group and thought to be Cambodia's largest, with capacity to accommodate 20,000 trafficked workers. Legend Innovation's director, Eang Soklim, was also sanctioned, along with individuals including Thet Li, described as a key lieutenant of Chen Zhi who managed the Prince Group's international financial network.
Scam networks in Southeast Asia
