US and UK Target Prince Group in Major Crackdown on Cryptocurrency Fraud

A global crackdown on cryptocurrency fraud has been initiated, with the United States and the United Kingdom jointly sanctioning the Prince Group for orchestrating a vast scam network. This unprecedented action highlights the escalating challenges of combating financial crime in the digital currency realm. Chen Zhi and his associates are now facing significant legal repercussions stemming from their alleged exploitation of Cambodian workers, leading to accusations of human rights violations and illicit financial activities.