Elliptic: Southeast Asia scam compounds still operating despite sanctions and arrests; “#8 Park”, Prince and Huione cited
Elliptic published a blog post titled “#8 Park: Prince and Huione's role in a scam compound still operating amid crackdowns.” The source states that scam compounds across Southeast Asia have defrauded victims of billions of dollars. According to the excerpt, these operations are often powered by human trafficking and forced labor. The post also claims Cambodia has emerged as a major hub for such operations. Elliptic adds that a series of international sanctions, arrests, and law-enforcement actions in late 2025 and early 2026 disrupted parts of the ecosystem. The piece may be relevant for transaction-monitoring and counterparty-risk work, but it should be treated cautiously because it is a single-source investigative claim and includes attribution/association language about named entities.
What to check
- The full Elliptic post: the exact claims and supporting detail regarding “#8 Park”, Prince, and Huione.
- Which specific sanctions, arrests, and law-enforcement actions (late 2025–early 2026) the post references.
- Any described payment rails, wallets, or typologies that could be converted into monitoring rules.
- Whether primary documents (sanctions listings, law-enforcement statements) independently corroborate the key assertions.
Sources
- Elliptic Blog — RSS: https://www.elliptic.co/blog/8-park-prince-and-huiones-role-in-a-scam-compound-still-operating-amid-crackdowns
Disclaimer
This content is based on publicly available sources and is provided for informational purposes only. Refer to primary sources and your internal compliance procedures before making decisions.