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Federal authorities have seized about $15 billion worth of bitcoin in alleged fraud and money laundering schemes that used trafficked workers in Southeast Asia to defraud victims in the United States ...

Bitcoin valued at $15 billion has been seized by the Department of Justice (DOJ) from a massive "pig butchering" network, and in what officials say is the "largest forfeiture action in U.S. history." ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. This April 3, 2013, file photo shows bitcoin ...

The department says it took $15 billion worth of bitcoin from an operation run by Chen Zhi, 37, who they say also goes by Vincent. Zhi has not been taken into custody. Zhi runs the Prince Group ...

Chen Zhi, chairman of Cambodian conglomerate Prince Group, was charged with running a “sprawling cyber fraud empire” that led to the seizure of Bitcoin worth about $15 billion. Chen’s operation ...