UK Sanctions Xinbi and Cambodia's 8 Park Scam Facility

The United Kingdom imposed financial sanctions on Thursday against Xinbi, a Chinese-language online marketplace accused of facilitating cryptocurrency laundering and sales of stolen data to scam operations in Southeast Asia, as well as against 8 Park, a large scam compound in Cambodia believed to house up to 20,000 trafficked workers.

The Foreign, Commonwealth and Development Office (FCDO) targeted Xinbi, a Telegram-based platform, for providing services that enable scam networks to target victims worldwide. According to blockchain analysis firm Chainalysis, Xinbi processed more than $19.9 billion in transactions between 2021 and 2025, including unlicensed over-the-counter trades, money laundering, and the sale of personal databases. The platform also allegedly supported North Korean actors in laundering cryptocurrency stolen from companies and individuals globally. Officials described Xinbi as one of the largest illicit marketplaces in the region, offering satellite internet equipment that allows scammers to contact targets and escrow services that obscure illicit fund flows.

The sanctions extend to 8 Park, operated by Legend Innovation Co., which authorities link to the Prince...