US Sanctions 45 More Targets Tied to Alleged Crypto Scam Empire Prince Group
The U.S. Treasury Department has sanctioned four individuals and 41 entities that it says support Prince Group, the Cambodian conglomerate accused of running scam compounds that use trafficked workers to defraud victims through crypto investment and romance scams. The new designations, announced on Thursday by the Office of Foreign Assets Control (OFAC), target the offshore companies, nominee owners and administrators that Treasury says have helped Prince Group executives conceal assets and evade earlier sanctions imposed in October 2025 and June 2026.