US Seizes Prince Group Assets Worth $15bn, Shaking Cambodia, Thailand, ASEAN, And APEC

The US Department of Justice has seized $15 billion from the Prince Group linked to cyber fraud and forced labour in Cambodia. Experts warn of geopolitical and regional security implications affecting Thailand, ASEAN, and APEC. Independent scholar Kritsada Boonrueng commented on the US Department of Justice’s (DOJ) announcement regarding the seizure of Bitcoin worth $15 billion (approximately 490.5 billion baht) from a transnational cyber fraud network operating under the “Pig Butchering” scheme.

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US Seizes Prince Group Assets Worth $15bn, Shaking Cambodia, Thailand, ASEAN, And APEC

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