The US Department of Justice (DOJ) has announced its largest cryptocurrency seizure to date, confiscating approximately $15 billion worth of Bitcoin (BTC) from cryptocurrency wallets linked to a man overseeing a large-scale “pig butchering” fraud operation based in Cambodia.

This significant operation was detailed in an indictment unsealed in federal court in Brooklyn, New York, on Tuesday, charging the alleged fraudster, Chen Zhi, also known as “Vincent.”

Prince Group’s Alleged Fraud Schemes

Chen Zhi is the founder and chairman of the Prince Holding Group, a multinational conglomerate based in Cambodia. Prosecutors allege that under his leadership, the group evolved “in secret” into one of Asia’s most extensive transnational criminal organizations.

US Attorney Joseph Nocella cha

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