DOJ Seizes $15 Billion in Bitcoin From Massive 'Pig Butchering' Scam Based in Cambodia

Feds seize $15 billion in bitcoin after busting alleged global crypto scam

Federal prosecutors said a criminal network in Cambodia used forced labor to extract billions from victims in the U.S. and around the world.

U.S. seizes Bitcoin worth $15 billion in 'pig-butchering' case

The chairman of Cambodian conglomerate Prince Group was charged Tuesday by the U.S. with running a “sprawling cyber fraud empire” that led to the seizure of Bitcoin worth about $15 billion in what prosecutors called the largest ever forfeiture action.

UK, US sanction Cambodia scam networks exploiting trafficked workers

LONDON — Britain and the United States on Tuesday sanctioned a Southeast Asia-based multinational network accused of operating large-scale online '...

Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire

Officials in the US and UK have taken sweeping action against “one of the largest investment fraud operations in history,” confiscating a historic amount of funds in the process.

US charges Cambodian exec in massive crypto scam, seizes more than $14B in bitcoin

The U.S. government has seized more than $14 billion in bitcoin and charged the founder of a Cambodian conglomerate in a massive cryptocurrency scam, accusing him and unnamed co-conspirators of exploiting forced labor to dupe would-be investors and using proceeds to purchase yachts, jets and a Picasso painting.

DOJ seizes $15 billion in bitcoin from massive 'pig butchering' scam based in Cambodia

An indictment says forced-labor compounds ran cryptocurrency investment fraud schemes that stole billions of dollars from victims in the U.S. and elsewhere.