( June 23, 2026, 20:10 GMT | Official Statement) -- MLex Summary: The US Treasury Department took coordinated action to further disrupt the Prince Group, imposing sanctions on nine individuals and 26 entities linked to the organization, including its leadership, investors in scam compounds, and front companies. Treasury’s Financial Crimes Enforcement Network also proposed amending its measures against Huione Group to include H-Pay Service PLC and any successor entity, alleging it was used by the Prince Group to transfer and consolidate scam-derived assets. Statement follows below:...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.