UK, US Impose Sanctions on SE Asian Group Engaged in Crypto Fraud
The United States and the United Kingdom have taken strong action against a major criminal network based in Southeast Asia. The two countries have announced sanctions against the Cambodia-based Prince Group, which has been accused of running a massive online scam that used trafficked workers to cheat people around the world. According to the U.S. Treasury Department, this is the largest crackdown of its kind in Southeast Asia. The sanctions target 146 people connected to the Prince Group, which officials describe as a transnational criminal organization. The UK also joined the move, imposing sanctions on six individuals and companies linked…