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In the Prince Group case, the DOJ seized more than $14 billion in bitcoin, the department said.
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 imposing sanctions.
UK and Cambodian national Chen Zhi, the founder and chairman of Prince Group, was indicted in New York on Tuesday for allegedly conspiring to launder money and committee wire fraud, according to the Department of Justice. In that case, the DOJ took what it said was its largest-ever crypto seizure of 127,271 bitcoin BTC $112,906.56, worth about $14.4 billion at current value.
See also:
Chairman of Prince Group Indicted for Operating Cambodian Forced-Labor Scam #1256065
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You gotta look into this guy.... he is wild
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