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DOJ seizes $15B bitcoin from pig butchering scam kingpin

Wednesday October 15, 2025. 04:53 PM , from BoingBoing
The Department of Justice seized $15 billion in bitcoin from Chen 'Vincent' Zhi, founder of Prince Holding Group, who allegedly ran cryptocurrency-enabled forced labor operations across Cambodia. According to CNBC, prosecutors discovered facilities housing trafficked workers who operated 1,250 phones controlling 76,000 social media accounts — all designed to execute 'pig butchering' scams that exploited vulnerable Americans. — Read the rest
The post DOJ seizes $15B bitcoin from pig butchering scam kingpin appeared first on Boing Boing.
Read more at BoingBoing
https://boingboing.net/2025/10/15/doj-seizes-15b-bitcoin-from-pig-butchering-scam-kingpin.html

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