The United States has seized $15 billion in Bitcoin as part of an investigation into a transnational crime syndicate led by Chen Zhi, founder of Cambodia's Prince Group. The seizure, which amounts to one-third of Cambodia's GDP, is linked to a fraudulent corporate empire built under the guise of ministerial authority and political protection.
The investigation reveals a network of violence, forced labor, and scams that have resulted in billions of dollars in losses. This significant crackdown highlights the global reach of financial fraud and the ongoing efforts to combat such illicit activities.
U.S. Seizes $15 Billion in Bitcoin Linked to Cambodian Fraud
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