Recently, an investor revealed on social media that the cryptocurrency trading platform "Huixin International" suddenly restricted user withdrawals, causing $7,393 in their account to be "locked", and the platform's customer service has also been continuously out of contact, causing widespread concern among investors. The platform claims to be launched by "Huiwang Guarantee" under the Prince Group of Cambodia, but this statement has not yet been officially confirmed, and the legality and financial security of the platform are being questioned.
According to the victim, he was introduced to the platform by a friend and initially only used the funds for a "high-interest financial management" project without engaging in high-frequency trading, and the account operation was normal. However, withdrawals have been frequently rejected recently, with the platform restricting withdrawals on the grounds of "triggering risk control review", and the backend operations often "stall".
More alarmingly, there are rumors that the so-called "Huiwang Guarantee" has recently been suspected of being investigated, and some users suspect this is a precursor to the platform preparing to "abscond with the funds". Netizens have reported encountering withdrawal failures, account freezes, and loss of contact with customer service, suspecting that "Huixin International" is actually an unregulated fund scheme, attracting investors under the guise of the "Prince Group".
As of now, "Huixin International" has not responded to the incident, and the Prince Group has not officially confirmed any affiliation or cooperation with the platform.
An industry insider pointed out that such platforms often use "high-interest bait" and "endorsement by well-known groups" as gimmicks, but are actually in a legal regulatory vacuum. Once the project's funds are interrupted or they directly abscond, it will be very difficult for ordinary investors to recover their funds.
Some of the affected users have already organized rights protection groups, collecting transfer records and chat evidence, preparing to jointly report to relevant institutions and seek legal assistance. Lawyers advise investors to save key information as soon as possible and, if necessary, report to the domestic public security authorities or the embassy in the country to start investigations and legal protections at an early stage.
The incident is still unfolding, and the public generally calls for the Prince Group to clarify as soon as possible and to investigate whether there are illegal third parties using its name to conduct illegal fundraising activities.
