Feds seize $15 billion in bitcoin in global scam bust

The U.S. government has seized $15 billion in bitcoin from Cambodian businessman Chen Zhi, founder of Prince Holding Group, who is charged with running a global cryptocurrency scam involving forced labor and money laundering. The indictment, the largest forfeiture in DOJ history, alleges that Chen’s network targeted victims worldwide, exploiting them through deceptive investment schemes and human trafficking.

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