US seizes $14B in Bitcoin tied to scams run by Cambodia’s Prince Group
PositiveCryptocurrency

In a significant crackdown on financial crime, U.S. prosecutors have charged Cambodia's Prince Group with wire fraud and money laundering, following the seizure of over $14 billion in Bitcoin. This operation marks one of the largest financial takedowns in history, highlighting the ongoing battle against scams and illicit activities in the cryptocurrency space. The implications of this case are vast, as it not only aims to recover lost funds but also sends a strong message to those involved in similar fraudulent schemes.
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