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Cambodia orders liquidation of scam-linked Prince Bank
short by / on Thursday, 8 January, 2026
Cambodia's central bank has ordered the liquidation of Prince Bank, founded by accused scam boss Chen Zhi, who was indicted by the US and extradited to China. The bank has been suspended from offering new services, though depositors can continue to withdraw funds. Authorities have appointed an auditor as liquidator amid mounting global pressure over alleged cyber-fraud networks.
read more at Asianet Newsable