Singapore Police Force has seized assets worth over 150 million Singapore dollars belonging to the "Ozark Group" led by Tan Zhi.
BlockBeats News, October 31: According to Caixin's report, the Cambodian Prince Group is suspected of operating a large-scale international fraud syndicate. Following the mid-October announcement of indictments against "Prince Group" leader Chen Zhi by the United States and the United Kingdom, and the seizure of his approximately $15 billion worth of Bitcoin, the Singapore police today announced that they have conducted law enforcement actions against the Cambodian scam group "Prince Group" leader Chen Zhi and his associates, freezing assets worth over 1.5 billion Singapore dollars (about 800 million RMB).
During the law enforcement operation, the Singapore police issued asset freezing orders for a total of 6 properties under Chen Zhi and his associates' names, as well as various financial assets including bank accounts, securities accounts, and cash. The Singapore police stated that Chen Zhi and his associates are currently not in Singapore, and the investigation is still ongoing.
You may also like
Gainers
Latest Crypto News
「Bull Buddy」 is once again hyping up for a long position, with an average entry price of $31.97.
Kalshi has completed a $1 billion funding round at a $1.1 billion valuation
Coinbob has launched an on-chain address monitoring and copying tool for the Pacifica chain, allowing users to synchronize and earn Pacifica token rewards.
OpenMind is pleased to announce a partnership with Circle to build AI-powered payment infrastructure.
Circle announces Foundation, initial phase aims to enhance financial resilience of small businesses in the U.S.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]