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🚨 $15 Billion Bitcoin Forfeiture: U.S. Sanctions Cambodia’s

Emeline Bazzle_ Crypto

Updated at: 5 hours ago

{"content":"🚨 $15 Billion Bitcoin Forfeiture: U.S. Sanctions Cambodia’s “Prince Group” Mega-Scam Empire! 💣 The U.S. Treasury just unleashed 146 coordinated sanctions 🇺🇸💥 against the Cambodian corporate giant Prince Group — allegedly the epicenter of a global crypto-scam network that laundered billions through BTC and USDT. 💰 $15 Billion in Bitcoin Seized U.S. prosecutors have asked courts to forfeit 127,271 BTC — described as “Chen Zhi’s laundered proceeds.” 🧠 The addresses were reportedly compromised via “Milk Sad” wallet vulnerabilities, suggesting the U.S. government may have hacked back to seize control. 😳 👤 Who’s Behind It? ⚙️ Chen Zhi, alleged mastermind & Prince Group leader 🏦 Dozens of shell companies, fake mining firms, and bribed officials 💸 Huione Group, accused of laundering $4 billion (2021-2024) ⚖️ How It Worked? 😔 Victims were trafficked into scam compounds across Cambodia & Myanmar — forced to defraud people online while bribes to politicians kept raids away. 🚔💵 🛰️ Even Starlink satellites were used to bypass shutdowns and keep scams running. 🏗️ Money Laundering Network 🔁 “Laundering houses” allegedly turned stolen crypto into fiat via fake mining giants like Warp Data and Lubian (once the 6th largest BTC miner in the world). 📊 Global Impact 🇺🇸 U.S. citizens alone lost $16.6 billion to these Southeast Asian scam syndicates. 🌍⚡ The joint U.S.–U.K. crackdown marks one of the largest crypto enforcement actions in history. #scamriskwarning $BTC {spot}(BTCUSDT) $SEI {spot}(SEIUSDT) $ADA {spot}(ADAUSDT)","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/14/76365bd966644c868020179b63915849.png"],"tags":[],"tradingPairs":["SEI/USDT"],"quotearticleid":0}

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