PANews reported on April 2nd that, according to Caixin, Li Xiong, a core member of the Prince Group, has been extradited back to China. He is suspected of multiple crimes, including operating casinos, fraud, illegal business operations, and concealing criminal proceeds. Li Xiong was formerly the chairman of Huione Group, a subsidiary of the Prince Group. In 2018, he established the payment company Huione Pay PLC in Cambodia. According to Elliptic, since 2021, Huione Pay and its merchants' cryptocurrency wallets have received over $24 billion, making Huione Pay the largest online illicit marketplace in history. Many merchants on the Huione Pay platform explicitly offered money laundering services, including receiving payments from victims worldwide, cross-border transfers, and converting them into assets such as cash and stablecoins. Most merchants specified the types of funds they were willing to launder based on the risk of their funds being frozen by financial institutions or law enforcement.