Home / Politics / Feds seize $15 billion in bitcoin after busting alleged global crypto scam

Feds seize $15 billion in bitcoin after busting alleged global crypto scam

Federal prosecutors said a criminal network in Cambodia used forced labor to extract billions from victims in the U.S. and around the world.

The U.S. government has seized $15 billion in bitcoin from a Cambodian business conglomerate charged with running a global cryptocurrency scam.
Federal prosecutors claim Chen Zhi, the founder and chairman of Prince Holding Group, oversaw a vast crimi… [3956 chars]

Source: CBS News | Published: 2025-10-15T15:54:00Z

Credit: CBS News

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