The US Treasury's Office of Foreign Assets Control has added 45 more individuals and entities to its sanctions list in connection with Prince Group, a conglomerate that authorities allege ran a large crypto-linked scam operation. According to the agency, the newly listed offshore companies and associates helped Prince Group executives conceal assets and get around sanctions imposed earlier. The move widens the government's effort to cut off the network's access to the financial system.

Follow-up actions like this show how regulators are tracking not just the original targets but the intermediaries that help move money around them.

Source: https://decrypt.co/382730/us-sanctions-45-more-targets-tied-to-alleged-crypto-scam-empire-prince-group

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