Cambodia freezes nearly $1B in Prince Group assets as multiple countries trace property linked to Chen Zhi

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A Cambodian court approved the freezing of nearly $1B in Prince Group assets, including more than $300 million in cash held in multiple bank accounts, buildings, casinos, real estate plots and movable property. The U.S. Department of Justice still holds approximately 127,271 Bitcoin, and the related forfeiture proceedings have not been completed; Hong Kong has frozen approximately $1.1 billion in Chen-related deposits, properties and shares.