UK freezes $24M in assets of Prince Group finance chief Li Tian
- —London property and watches of Li Tian worth 170 million yuan frozen
- —US Treasury sanctioned Li Tian in October 2025
- —Mansions of founder Chen Zhi and Hu Xiaowei were frozen earlier
- —Prince Group is suspected of cross-border fraud and money laundering
Why it matters: The widening asset seizures and sanctions increase pressure on crypto fraud networks in Southeast Asia.
Source: PANews
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