UK Freezes Prince Group CFO's $12 Million London Penthouse
UK authorities have frozen a £8.9 million (approximately $12 million) penthouse in London belonging to Thet Li, the alleged financial controller of Prince Group, The Sunday Times reported. Li is accused of managing a financial network linked to a $14 billion Bitcoin scam empire, which the US has sought to seize. UK authorities also allege that Li is a "key lieutenant" to the group's leader, responsible for managing its international financial network. Additionally, several luxury London homes and office buildings linked to Prince Group chairman Chen Zhi and another executive, Wu Anming, have also been frozen.
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