DOJ Seizes Record $15 Billion in Bitcoin from 'Pig Butchering' Scam
US NewsDOJUpdated 17 hours ago

DOJ Seizes Record $15 Billion in Bitcoin from 'Pig Butchering' Scam

The Department of Justice has seized a historic $15 billion in bitcoin linked to a massive 'pig butchering' scam, allegedly led by Chen Zhi of Prince Holding Group. This marks the largest seizure in DOJ history, emphasizing the government's commitment to combating financial fraud and forced labor while protecting victims and investors in the cryptocurrency market.

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DOJ: $15B in bitcoin seized in 'pig butchering' bust
PositiveU.S News
The Department of Justice has made headlines by seizing a record $15 billion in bitcoin during a crackdown on a scheme known as 'pig butchering.' This significant recovery not only marks the largest amount ever seized in a single action but also highlights the government's commitment to combating financial fraud. Such actions are crucial in protecting investors and maintaining the integrity of the cryptocurrency market.
DOJ seizes $15B in bitcoin from massive ‘pig butchering’ scam with ‘forced labor’ — as bosses bought lux watches, real estate
PositiveU.S News
The Department of Justice has made a historic move by seizing approximately $15 billion in bitcoin linked to a massive scam known as 'pig butchering,' allegedly orchestrated by Chen Zhi, the founder of Prince Holding Group. This action not only marks the largest seizure in the DOJ's history but also highlights the ongoing battle against financial fraud and forced labor. It underscores the government's commitment to tackling such crimes and protecting victims, making it a significant moment in the fight against illicit financial activities.

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