This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Prince Group chairman to file claim for seized bitcoin in US scam center case

( November 11, 2025, 01:47 GMT | Official Statement) -- MLex Summary: A lawyer for Chen Zhi, chairman of the Cambodian conglomerate Prince Group, asked for an extension for claims on $15 billion of bitcoin seized by US authorities as part of an investigation into scam center operations. "A careful reading of the [forfeiture] complaint reveals no allegations linking the seized Bitcoin to the alleged frauds," the filing said. "What is clear from the complaint is that this case will turn, in large part, on tracing." Document attached....

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.

Start Free Trial

Already a subscriber? Click here to login

Documents