Too many pigs and piglets have been slaughtered by this romance scam, time for the kingpin to go down GREED !!
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tldr; US authorities filed a civil forfeiture complaint to seize $15 billion in Bitcoin tied to Chen Zhi, accused of running forced-labor pig butchering scam compounds in Cambodia. The scams, which targeted victims globally, involved cryptocurrency investment fraud and human trafficking. Zhi, founder of Prince Holding Group, allegedly laundered stolen funds through a network of shell companies. The Bitcoin is now in US custody, marking the largest forfeiture action in DoJ history, while Zhi remains at large.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Too many pigs and piglets have been slaughtered by this romance scam, time for the kingpin to go down GREED !!
tldr; US authorities filed a civil forfeiture complaint to seize $15 billion in Bitcoin tied to Chen Zhi, accused of running forced-labor pig butchering scam compounds in Cambodia. The scams, which targeted victims globally, involved cryptocurrency investment fraud and human trafficking. Zhi, founder of Prince Holding Group, allegedly laundered stolen funds through a network of shell companies. The Bitcoin is now in US custody, marking the largest forfeiture action in DoJ history, while Zhi remains at large.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.