Person
Founder and chairman of Cambodia's Prince Group conglomerate, accused by US authorities of running forced-labor cyber-scam compounds and laundering proceeds.
UK authorities will ask a court on Monday to keep £10.6 million of watches and jewelry seized from Prince Group's alleged finance chief, Thet Li. It is the only keep-request in Cryptopolitan's report, set against £203.9 million of frozen property.
Reality
UK authorities have frozen the £8.9 million London penthouse of Thet Li, alleged Prince Group finance chief, The Times reported. The flat is the smallest of the five London properties on the paper's list.
Reality
The US government moved 9,261 bitcoin worth about $770 million to Coinbase Prime, its largest outflow since December 2024, Galaxy Research data showed. The venue is the US Marshals Service's custody desk, so a deposit there does not confirm a sale.
Reality
US government wallets sent 9,261 bitcoin worth $770 million to Coinbase Prime in two days, according to Galaxy Research. With half from the Bitfinex hack and a 2025 order barring sales, custody or restitution fits the record better than a sale.
Perspective Coverage
3 publishersReality
American and British prosecutors have agreed to decide between themselves where scam-center cases get charged, and an industry disruption event in October will show who outside government is expected to act on that timetable.
Reality
The memorandum signed Thursday commits both agencies to an in-person disruption event with private industry partners, hosted by the National Crime Agency in London in early October, on cases they had already found overlapping.
Reality
A recruiter's Hong Kong prison term stands, and the proceeds it fed ran on stablecoins. The gap between traced fraud flows and estimated global losses shows where screening is not looking.
Reality
Beijing's crackdown on Southeast Asian scam compounds is driven by domestic outrage, and one expert told Congress the effect so far has been syndicates pivoting to target Americans.
Reality