US Seizes $15 Billion in Bitcoin from Forced Labor Scam Operation

The U.S. Department of Justice has taken a significant step in combating crypto-related crime, seizing $15 billion worth of Bitcoin linked to forced labor scams in Southeast Asia. This landmark action marks the largest cryptocurrency seizure in U.S. history, bringing down an elaborate scheme orchestrated by Chen Zhi, Chairman of Prince Group. The operation exposes the vulnerabilities of the crypto industry and emphasizes the need for robust regulations to prevent such criminal activities.