Li Xiong, a key figure in the Prince Group, has been extradited to face charges including operating illegal casinos, fraud, and money laundering. Li, who previously chaired the Prince Group's Huione Group, founded the payment company Huione Pay PLC in Cambodia in 2018. Blockchain security firm Elliptic reports that since 2021, cryptocurrency wallets associated with Huione Guarantee and its merchants have received over $24 billion. Huione Guarantee is described as one of the largest online illegal markets to date.