US and UK Crack Down on Southeast Asian Crypto Scam Network

1 min read
Source: AP News
US and UK Crack Down on Southeast Asian Crypto Scam Network
Photo: AP News
TL;DR Summary

Cambodia's government hopes the US and UK have sufficient evidence as they pursue sanctions against Prince Holding Group and Chen Zhi, accused of running online scams and using forced labor, with Chen remaining at large and facing serious charges in the US. The governments have imposed sanctions and frozen assets, highlighting the group's alleged involvement in transnational crime, while Cambodia emphasizes its legal compliance and willingness to cooperate with evidence-backed requests.

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