Cambodia freezes $1B in Prince Group assets as countries split Chen Zhi's empire
Photo: Cryptopolitan
Cambodia has joined the international squeeze on assets tied to the Prince Group after courts authorized the country to freeze nearly $1 billion worth of assets, extending a streak of cross-border crackdowns that started after the group’s founder, Chen Zhi, was extradited to China. It is important to note that freezes are confiscations. The head...
Source: Cryptopolitan
