The chairman of Cambodian conglomerate Prince Group was charged Tuesday by the U.S. with running a "sprawling cyberfraud empire” that led to the seizure of bitcoin worth about $15 billion in what prosecutors called the largest ever forfeiture action. Chen Zhi, 38, who heads Phnom Penh-based Prince Group, was charged by federal prosecutors in Brooklyn, New York, with engaging in a wire-fraud conspiracy and operating a money-laundering scheme. Chen’s operation allegedly used forced-labor in

Tag-uri: Bitcoin