U.S. Seizes $15 Billion Bitcoin From Cambodia-Based Scam: Largest Cryptocurrency Seizure Ever

A groundbreaking move by the U.S. Department of Justice has resulted in the seizure of a record-breaking $15 billion worth of Bitcoin linked to a massive scam originating from Cambodia. The scheme was orchestrated by Chen Zhi, the founder and leader of Prince Holding Group, a prominent Cambodian conglomerate. 127,000 Bitcoins were seized, marking the largest cryptocurrency asset seizure in US history.