Largest crypto seizure nails scam compounds

Updated: 2025.10.15 7D ago 1 sources
U.S. prosecutors unsealed charges against Cambodia tycoon Chen Zhi and seized roughly $15B in bitcoin tied to forced‑labor ‘pig‑butchering’ operations. The case elevates cyber‑fraud compounds from gang activity to alleged corporate‑state‑protected enterprise and shows DOJ can claw back massive on‑chain funds. — It sets a legal and operational precedent for tackling transnational crypto fraud and trafficking by pairing asset forfeiture at scale with corporate accountability.

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DOJ Seizes $15 Billion In Bitcoin From Massive 'Pig Butchering' Scam Based In Cambodia
BeauHD 2025.10.15 100% relevant
EDNY indictment of Chen Zhi (Prince Holding Group) and DOJ’s record $15B bitcoin seizure from associated wallets.
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