Breaking news just in—

That well-known Prince Group in Cambodia has officially spoken out today.

They issued a firm statement on their website: claims that the Prince Group and Chairman Chen Zhi are involved in online scams? Absolutely unfounded. The group explicitly states that the true purpose of these accusations is to find a reason to seize their billions of dollars in assets.

The statement specifically mentions that media outlets and various unverified reports have exaggerated the situation, ultimately harming who? The group's thousands of employees, partners, and the communities they serve.

Prince Group emphasizes that they have been operating by the rules for the past decade and a half—being transparent where needed and compliant where required. Now, the group has hired top legal teams, preparing for a tough fight—to seek justice for the group and for Chen Zhi himself.

It seems that the controversy over the massive crypto assets is far from over.