U.S. authorities dropped a legal hammer on global firm Prince Group as an operator of forced-labor global scam operations — including infamous pig butchering schemes — based in Cambodia, indicting the company’s leader and …
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- DeFi Market
US Bitcoin cache adds $15bn as DoJ targets pig butchering kingpin – DL News
by adminby adminUS authorities filed to confiscate $15 billion in Bitcoin. The funds are tied to Chen Zhi, who the DoJ also hit with wire fraud and money laundering charges. His firm ran pig butchering scam …
The US government is moving to seize 127,271 Bitcoin worth about $14.2 billion, which investigators say was generated through a cross-border “pig butchering” scam operated by Chinese national Chen Zhi. If completed, the Bitcoin …