Feds seize $15 billion in bitcoin after busting alleged global crypto scam
Bitcoin
The U.S. government has seized $15 billion in bitcoin from a Cambodian business conglomerate charged with running a global cryptocurrency scam. Federal prosecutors claim Chen Zhi, the founder and chairman of Prince Holding Group, oversaw a vast criminal network in Cambodia built on forced labor that extracted billions from victims in the U.S. and around the world. The indictment, which was unsealed in a federal court in Brooklyn on Tuesday, charges the 37-year-old Cambodian national with
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