UK authorities have frozen a London penthouse worth £8.9 million belonging to Thet Li, the alleged finance chief of Prince Group. A court hearing on Monday will seek to continue the seizure of watches and jewelry valued at £10.6 million, along with £92,570 in cash. The United States is seeking forfeiture of approximately $14 billion in Bitcoin tied to Prince Group, which denies any wrongdoing. The group is linked to large-scale online fraud including romance and investment scams known as pig butchering, with over 100,000 trafficked workers estimated by United Nations reports. Additional London assets worth over £195 million, including a £12 million mansion in St John’s Wood and a £100 million office building in the City, have also been frozen.
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