Feds Seize $15 Billion in Bitcoin from Alleged Scam Empire
TL;DR Summary
Chen Zhi, a young Chinese-born entrepreneur and head of Prince Group in Cambodia, is accused by the US of running a massive cyber-fraud empire linked to over $14 billion in stolen cryptocurrency, involving scams, human trafficking, and money laundering, leading to international sanctions and his disappearance from public view.
- Chen Zhi: The mysterious 'scam empire' owner accused of stealing $14bn in crypto BBC
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- DOJ seizes $15 billion in bitcoin from massive 'pig butchering' scam based in Cambodia CNBC
- Billions in Bitcoin Tied to Alleged Scammer Wanted by DOJ Are on the Move Yahoo Finance
- Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire WIRED
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