The U.S. government has seized $14.4 billion worth of Bitcoin, linking it to a major Ponzi scheme in Cambodia operated by Chen Zhi, the chairman of Prince Group. This seizure underscores the complexities of crypto-based criminal activities. Withdrawal queues at Cambodian banks suggest a potential panic exodus as authorities crack down on illicit financial networks linked to the scheme. The actions taken by the U.S. have spurred global regulatory efforts and highlighted vulnerabilities within the Cambodian financial system. 147,000 Bitcoin, valued at approximately $14.4 billion, were seized from accounts connected to Prince Group. These seizures were made under a sanctions order classified as a transnational criminal organization by the U.S. Department of Treasury. Huione Group, another entity associated with money laundering and financial irregularities, faces increasing pressure following these actions. As withdrawals increase at Huione Group branches, concerns are growing about potential bank runs in Cambodia. The sanctions imposed have been reinforced by an asset freeze targeting individuals and entities involved. While the U.S. Department of Treasury has yet to issue a direct statement, officials emphasize their commitment to dismantling financial support for illicit networks. Cambodia’s financial system faces increased scrutiny as these seizures raise questions about its overall stability. The move highlights the need for greater regulatory oversight in the cryptocurrency sector and potential changes to international financial regulations.