The US Treasury Department's Office of Foreign Assets Control (OFAC) has levied sanctions against Cambodia's Prince Group, targeting 25 cryptocurrency wallets associated with the organization. These wallets reportedly hold approximately $780 million worth of Bitcoin (BTC), DL News reports. This action follows a previous indictment against Prince Group Chairman Chen Zhi and the seizure of 127,271 BTC by US authorities. The Prince Group has been implicated in operating large-scale fraud compounds within Cambodia, amassing significant wealth through illegal activities such as online scams and human trafficking. The sanctions aim to disrupt the group's financial operations and prevent further illicit gains. This move underscores the increasing scrutiny of cryptocurrency use in facilitating international crime and money laundering. ```