{"content":"US Seizes 127,000 BTC 💥 – Government’s Crypto Stash Tops $36B! The US DOJ seized 127,271 BTC from Prince Holding Group founder Chen Zhi. The firm's purported pig slaughtering frauds netted $15 billion in Bitcoins. US government possesses 325,292 BTC worth $36 billion. DOJ seizes 127,000 Bitcoin, raising government holdings to $36 billion One of the greatest crypto forfeitures in history occurred when the US Department of Justice (DOJ) took 127,271 Bitcoin (BTC) from Cambodian conglomerate Prince Holding Group and its founder, Chen Zhi. Record-breaking forfeiture case: US DOJ seizes 127,000 BTC A statement on Tuesday said the US Department of Justice confiscated more than 127,000 Bitcoin tied to a cryptocurrency fraud case involving Prince Holding Group and its founder Chen Zhi. The US Attorney's Office for the Eastern District of New York and the Department of Justice's National Security Division filed a civil forfeiture lawsuit for 127,271 Bitcoin worth $15 billion. The defendant's unhosted wallets housed fraud and money laundering-related digital assets, which private keys police retrieved. "Today's action represents one of the most significant strikes ever against the global scourge of human trafficking and cyber-enabled financial fraud," Pam Bondi said. The biggest forfeiture case in Justice Department history has placed the confiscated cash in US custody. The FBI also seized "pig butchering" bitcoin investment fraudsters forced to work in the compounds. Zhi, who is on the run, is suspected of defrauding US and international victims of billions of dollars. The US government's crypto reserve, formed in March by President Donald Trump's executive order, would likely include the stolen Bitcoin. Federal authorities stress that the government will simply keep seized Bitcoin and not buy them. Bitcoin Treasuries reports 325,292 BTC worth $36 billion in the reserve after the latest forfeiture. #BTC #PowellRemarks #WhaleAlert $BTC ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/15/3a7f6f7d6e3ac29bb3caadb379b3882a.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}