U.S. Seizes $15 Billion In Bitcoin, Sanctions Cambodia’s Prince Group In Global Crypto ‘Scam’ Crackdown

U.S. Seizes  Billion In Bitcoin, Sanctions Cambodia’s Prince Group In Global Crypto ‘Scam’ Crackdown


Topline

The Department of Justice seized roughly $15 billion in bitcoin tied to what it called a vast “pig butchering” scam based in Cambodia—a record-setting forfeiture— as the Treasury Department simultaneously labeled the Cambodia-based Prince Group business a transnational criminal organization

Key Facts

This is developing breaking news story.



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