đš Breaking: $BTC Worth $14B Seized in U.S.âUK Crackdown! đ„đ§
đ° In a coordinated law enforcement action, the U.S. government has seized more than $14 billion in $BTC , accusing leaders of a sprawling crypto fraud network of orchestrating massive âpig butcheringâ scams.
đ° At the center of the case: Chen Zhi, chairman of Cambodiaâs Prince Group, whoâs been indicted on charges of wire fraud, money laundering, and running forced-labor operations masquerading as investment firms.
đ° Authorities allege Chen and his associates ran compounds in Cambodia where victims were coerced into executing fraudulent schemes, often under brutal conditions.
đ° In addition to the crypto seizure, UK authorities have frozen luxury properties, including multiple London assets tied to those accused.
đ° This is one of the largest crypto confiscations ever â and it sends a clear message: cross-border crypto crime wonât go unchecked. đđ
đ° For the crypto community and market watchers alike, this event underscores how aggressively regulators can move â and how critical it is to support compliance, transparency, and accountability in the digital-asset space.
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