The U.S. Department of Justice (DOJ) has initiated a civil forfeiture action to seize approximately 127,000 BTC, valued at around $14.2 billion, associated with Chen Zhi, the chairman of Prince Group and accused of large-scale human trafficking and pig butchering schemes across Asia. These funds are linked to accusations of running illegal cryptocurrency platforms that exploit victims into investing in fictitious opportunities. 🇨🇳 Zhi’s illicit activities have caused billions of dollars in losses worldwide. He now faces charges related to wire fraud and money laundering conspiracy. ⚖️ Prosecution evidence suggests these proceeds were used to purchase luxury yachts, private jets, artwork, and vacation properties. 🏝️ Zhi remains at large.