US sanctions hit 41 companies accused of keeping Prince Group’s scam network running
Photo: CryptoSlate
The US sanctioned four people and 41 entities on November 5, 2026, targeting a corporate network that Treasury says sustained Prince Group's operations after earlier sanctions. The designations subject covered assets to US blocking and reporting requirements, with restrictions also reaching companies that meet OFAC's ownership threshold. The Office of Foreign Assets Control (OFAC) said the network helped Prince Group, which it has designated a transnational criminal organization, manage offshore structures, conceal beneficial ownership and maintain commercial activities.
Source: CryptoSlate
