8 stories tagged #Prince Group

  1. US Sanctions Prince Group Amid Largest Bitcoin Seizure in DOJ History
    crypto

    US Sanctions Prince Group Amid Largest Bitcoin Seizure in DOJ History

    US targets Cambodia’s Prince Group in a historic Bitcoin seizure linked to global fraud schemes and human trafficking.

    6h ago 1 min read
  2. US Treasury Escalates Fight Against Southeast Asian Crypto Scams
    crypto

    US Treasury Escalates Fight Against Southeast Asian Crypto Scams

    US Treasury intensifies sanctions against Southeast Asian fraud networks, with losses exceeding $10 billion in 2024 under Scott Bessent’s leadership.

    7h ago 1 min read
  3. Hu Xiaowei Arrested in Tokyo Amid Major Crypto Fraud Investigation
    crypto

    Hu Xiaowei Arrested in Tokyo Amid Major Crypto Fraud Investigation

    Hu Xiaowei, linked to the Prince Group, faces arrest in Tokyo over residency fraud amid a $15B Bitcoin scam investigation.

    yesterday 1 min read
  4. The $15 Billion Silence: How an Unreported 2020 Mining Hack Became the DOJ's Largest Seizure
    crypto

    The $15 Billion Silence: How an Unreported 2020 Mining Hack Became the DOJ's Largest Seizure

    The US DOJ seized 127,271 bitcoin tied to Cambodian conglomerate Prince Group, unraveling a silent $3.5B theft from a mining pool that could not report the crime.

    last wk. 2 min read
  5. Top Law Firm Admits AI 'Hallucinations' in Bankruptcy Case
    crypto

    Top Law Firm Admits AI 'Hallucinations' in Bankruptcy Case

    Sullivan & Cromwell acknowledges AI errors, including fabricated citations, in a major bankruptcy filing tied to an alleged scam network and cryptocurrency fraud.

    2mo ago 2 min read
  6. Trump-Linked World Liberty Faces Scrutiny Over Sanctioned Network Ties
    crypto

    Trump-Linked World Liberty Faces Scrutiny Over Sanctioned Network Ties

    World Liberty, a crypto venture linked to Donald Trump, is under scrutiny for its partnership with a firm connected to a sanctioned transnational criminal network.

    2mo ago 1 min read
  7. Bhutan Sells $45 Million in Bitcoin Reserves
    crypto

    Bhutan Sells $45 Million in Bitcoin Reserves

    Bhutan transfers 643 BTC amid strategic drawdown of its national digital asset holdings, retaining over $290 million in Bitcoin.

    3mo ago 1 min read
  8. UK Sanctions $20B Chinese-Language Crypto Scam Platform
    crypto

    UK Sanctions $20B Chinese-Language Crypto Scam Platform

    UK imposes sanctions on Xinbi, a $20B crypto scam network, cutting off access to legitimate crypto systems.

    3mo ago 1 min read