The US government has seized more than $US14 billion ($21.6 billion) in bitcoin and charged the founder of a Cambodian conglomerate over an alleged massive cryptocurrency scam.

Prince Holding Group chair Chen Zhi and unnamed alleged co-conspirators have been accused of exploiting forced labour to dupe would-be investors and using the proceeds to purchase yachts, jets and a Picasso painting.

South-East Asia's cyberscammers hiding behind digital masks

AI tools such as face-swapping and chatbots are being used by South-East Asia's crime syndicates to make their scams more efficient and effective. However, some operations appear to be having less success with the new tech than others.

US Attorney Joseph Nocella called it "one of the largest investment fraud operations in history".

Prosecu

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