According to Caixin, core executive Li Xiong of Taizi Group has been deported back to China, suspected of multiple crimes including running illegal gambling operations, fraud, illegal business activities, and concealing criminal proceeds. Li Xiong previously served as chairman of Huifang Group, a subsidiary of Taizi Group, and in 2018 established the payment company Huione Pay PLC in Cambodia. Blockchain security firm Elliptic stated that since 2021, Huifang Guarantee and its merchants' cryptocurrency wallets have received over $24 billion in total. Huifang Guarantee is considered one of the largest online illegal marketplaces operating to date.

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