🚨 U.S. Seizes $15 Billion in Bitcoin from Forced-Labor Crypto Scam 🚨

In a historic move, U.S. federal agents have seized $15 billion in Bitcoin connected to a Cambodian criminal network. The operation, led by Prince Group’s Chen Zhi, allegedly involved trafficked individuals being forced to run “pig butchering” crypto scams worldwide.

🔑 Key Details:

127,271 Bitcoin seized, marking the DOJ’s largest forfeiture ever.

Alleged forced-labor compounds in Cambodia where workers executed global crypto scams.

Zhi’s global network laundered funds through crypto and luxury items, including a Picasso painting.

The Prince Group operated as a front for a transnational criminal empire.

🛑 Impact:
This unprecedented seizure highlights the growing use of cryptocurrency in illicit operations and the increasing crackdown on such activities. The case sheds light on the darker side of the digital asset world.