US and UK Crack Down on Cambodian Cyber-Scammers, Seize $15 Billion in Bitcoin
TL;DR Summary
U.S. and UK authorities have seized a record $15 billion in Bitcoin from a major scam operation involved in widespread investment and romance scams, with ties to human trafficking in Southeast Asia, marking one of the largest law enforcement actions against such frauds.
- Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire WIRED
- DOJ seizes $15 billion in bitcoin from massive 'pig butchering' scam based in Cambodia CNBC
- U.S. Sanctions Cambodian Conglomerate, Citing Role in ‘Pig-Butchering’ Scams The Wall Street Journal
- US and UK put sanctions on alleged Cambodia cyber-scammers and seize $15bn in bitcoin The Guardian
- US Sanctions Online Scammers Who Stole Billions From US Victims Bloomberg.com
Reading Insights
Total Reads
0
Unique Readers
4
Time Saved
1 min
vs 2 min read
Condensed
83%
260 → 43 words
Want the full story? Read the original article
Read on WIRED