UK Freezes $12M Penthouse Linked to Alleged Prince Group Finance Chief
UK authorities have frozen a $12 million London penthouse linked to Thet Li, who is accused of overseeing finances for an alleged scam operation.
UK authorities have frozen a London penthouse valued at $12 million linked to Thet Li, the alleged finance chief of Prince Group, according to Decrypt.
Li is accused of managing the finances of an alleged scam network connected to $14 billion in Bitcoin that U.S. authorities have sought to seize.
The property freeze in Britain and the U.S. seizure effort concern different assets. The allegations against Li do not establish guilt, and the reported U.S. action does not mean the Bitcoin has been permanently forfeited.
Source: Decrypt
