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[Hong Kong Police Freeze HK$2.75 Billion in Assets of Cambodia's Prince Group Over Cross-Border Telecom Fraud and Money Laundering] Cambodia's Prince Group has had its assets frozen by law enforcement agencies from multiple countries due to its alleged involvement in large-scale cross-border telecom fraud and money laundering activities. On November 4, Hong Kong police announced the freezing of approximately HK$2.75 billion (around US$350 million) in assets belonging to the group. Earlier, in mid-October, the United States and the United Kingdom jointly froze Bitcoin worth approximately US$15 billion held by the group's leader, Chen Zhi. Hong Kong police stated that through intelligence gathering and analysis of fund flows, they discovered that several companies and related bank accounts under the group were suspected of money laundering crimes. Although the police did not explicitly confirm whether the frozen assets were connected to the Prince Group, multiple sources have verified that the group in question is Cambodia's Prince Group. The investigation into the case is still ongoing.