ACAMS Connect: Crypto & Payments - Major Action Against Crypto Scam Organization
Overview
On October 14, 2025, the U.S. and U.K. governments took coordinated actions against the Prince Group, its leader Chen Zhi and many others that are alleged to have run one of the largest crypto investment fraud operations in the world, including the largest seizure in U.S. history. In this ACAMS Connect Crypto & Payments “instant analysis,” Craig Timm will give you the highlights on the various actions and what it means more broadly in the fight against fraud. As always, there will be plenty of time to answer your questions live.
Learning Objectives
Learn about the actions taken against the Prince Group, Chen Zhi and their alleged co-conspirators
Understand the techniques the organization is alleged to have used to defraud victims and launder the proceeds, including using crypto and stablecoins
Analyze what this major action means in the broader fight against fraud
Topics
- Technology
- Crypto
- Anti-Money Laundering and Countering the Finance of Terrorism
- Other Predicate Crimes
- Cyber-enabled crime
- Fraud Risks and Controls
- Fraud
- AML and Sanctions Investigations
- Financial Crime Controls
- Governance and Reporting
- SARs/STRs/SMEs/UTRs
Industries
- Financial Services
- Non-Bank Financial Institutions
- Banks
- Investment Banks
- Non-Bank Financial Institutions
- Professional Services and Technology Solution Providers
- Fintech
Regions
- Global Or International Organizations
Level
- Basic
Pricing
- Monthly Watches on AML, sanctions, and fraud (non-credit bearing)
- Limited webinars (credit-bearing)
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