US Sanctions 45 More Targets Tied to Alleged Crypto Scam Empire Prince Group

The US Treasury's OFAC sanctioned 45 additional targets, including offshore companies and associates, accused of helping Prince Group executives conceal assets and evade earlier sanctions. The action expands enforcement against an alleged crypto scam empire rather than targeting a specific token or exchange. Traders should note continued regulatory pressure on illicit crypto networks, which raises compliance risk for platforms and counterparties linked to such entities.