OFAC sanktioniert 780-Millionen-Dollar-Bitcoin des Kingpins, der „Schweine schlachtet“.

tldr; The US Treasury’s OFAC sanctioned 25 crypto wallets linked to Chen Zhi, chairman of Prince Group, containing $780 million in Bitcoin. Zhi is accused of running forced-labor crypto scam compounds in Cambodia, known as ‚pig butchering‘ scams, which have defrauded victims worldwide. The DoJ recently seized $15 billion in Bitcoin tied to Zhi, marking its largest forfeiture. Zhi remains at large, and the stolen funds are linked to LuBian, a former Chinese Bitcoin mining pool, compromised due to cryptographic vulnerabilities.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.