Officials crack down on Southeast Asia cybercrime networks, seize $15B

Lucian Nemoiu

Federal authorities seized 127,271 Bitcoin , valued at approximately $15 billion, from Chen Zhi, the alleged leader of a sprawling cybercrime network based in Cambodia, the Justice Department said Tuesday. Officials said it’s the largest financial seizure on record. “Today’s action represents one of the most significant strikes ever against the global scourge of human trafficking and cyber-enabled financial fraud,” Attorney General Pamela Bondi said in a statement. Officials said Chen, a 38-

Tag-uri: Bitcoin

Officials crack down on Southeast Asia cybercrime networks, seize $15B https://www.cyberscoop.com - 14.10.2025 20:41

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Officials crack down on Southeast Asia cybercrime networks, seize $15B https://www.cyberscoop.com - 14.10.2025 20:41