US, UK Sanction Cambodian Prince Group Over $15B 'Pig-Butchering' Scam

DOJ Seizes $15 Billion in Bitcoin from Cambodian Scammers Who Used Slave Labor to Trick Victims

The DOJ has seized about $15 billion worth of bitcoin from a massive "pig butchering" fraud operation based in Cambodia. The scammers allegedly ran forced-labor camps in Cambodia where slaves were forced to lure individuals into the scam. The post DOJ Seizes $15 Billion in Bitcoin from Cambodian Scammers Who Used Slave Labor to Trick Victims appeared first on Breitbart.

Feds seize $15 billion in bitcoin after busting alleged global crypto scam

Federal prosecutors said a criminal network in Cambodia used forced labor to extract billions from victims in the U.S. and around the world.

U.S., U.K. Impose Sanctions on Cambodia's Prince Group

U.S., U.K. Impose Sanctions on Cambodias Prince Group Joint measures target fraud, torture operations; U.S. seeks $21 trillion Bitcoin forfeiture Amid

DOJ seizes $15B bitcoin from pig butchering scam kingpin

The Department of Justice seized $15 billion in bitcoin from Chen "Vincent" Zhi, founder of Prince Holding Group, who allegedly ran cryptocurrency-enabled forced labor operations across Cambodia. According to CNBC, prosecutors discovered facilities housing trafficked workers who operated 1,250 phones controlling 76,000 social media accounts — all designed to execute "pig butchering" scams that exploited vulnerable Americans. — Read the rest The …

US Department of Justices seizes $23 billion in bitcoin from massive ‘pig butchering’ scam with ‘forced labour’

US authorities have seized $23 billion worth of bitcoin from a global “pig butchering” fraud operation, run by an award-winning businessman.

US government seizes record $15 billion in bitcoin

Before the seizure, the US held 197,344 bitcoin worth $22.1 billion. As of today, Arkham Intelligence data shows it’s holding 324,780 bitcoin, worth over $37 billion.