Cambodian regulators moved to liquidate Prince Bank, a lender founded by companies linked to the Prince Group, after Chen Zhi's arrest and extradition. Authorities said the bank's liquidation is part of cross border measures to disrupt financial flows used to launder proceeds from large scale fraud.

Cambodian financial regulators issued an order to liquidate Prince Bank following the arrest and extradition of Chen Zhi, founder of the Prince Group, amid investigations that allege the bank served as part of the financial infrastructure supporting transnational scam operations. Regulators and investigators have pointed to corporate links between lenders, shell companies and payment networks that allegedly facilitated layering and movement of criminal proceeds, including large cryptocurrency transfers. The liquidation complements other measures such as asset freezes, sanctions and international information exchanges aimed at dismantling the corporate and banking conduits used by alleged fraud networks. Officials said the action is intended to secure customer assets while enabling forensic audits and tracing of suspicious flows. Observers noted the move may complicate recoveries for legitimate depositors and will require careful wind down procedures coordinated with foreign authorities pursuing parallel civil and criminal remedies. The development highlights the wider regulatory and law enforcement push to sever the banking channels exploited for large scale online and investment scams.