Cambodian officials urged due process after coordinated U.S. and U.K. actions accused Prince Holding Group and chairman Chen Zhi of running transnational scam centers, forced labor and laundering billions via cryptocurrency. The case triggered multi‑jurisdictional asset freezes, seizures and legal actions across Asia and Europe and remains central to investigations into pig‑butchering investment scams.

Authorities in Cambodia have publicly requested that international partners afford due process following coordinated actions by U.S. and U.K. authorities that named Phnom Penh’s Prince Holding Group and its chairman Chen Zhi in allegations of operating transnational online scam centers. According to reporting, the networks are accused of employing forced labor to staff so‑called scam farms and of laundering billions through crypto channels tied to investment frauds commonly described as ‘‘pig‑butchering’’ schemes. The coordinated measures include asset freezes, seizures and legal filings spanning multiple jurisdictions in Asia and Europe, and they have intensified international enforcement cooperation on large‑scale fraud rings. Cambodian officials stress legal rights for defendants while foreign authorities emphasize victim repatriation and evidence collection. The matter continues to drive investigatory activity among law enforcement, regulators and financial institutions, highlighting the cross‑border nature of investment scams, the use of cryptocurrency for layering and the necessity of coordinated asset‑recovery and anti‑money‑laundering responses.