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The US has seized more than $14 billion (€12bn) in bitcoin and charged the 38-year-old founder of a Cambodian conglomerate over an alleged global crypto fraud.
Prosecutors say the scam exploited forced labour, laundered billions, and bankrolled yachts, jets — even a Picasso.
In an indictment unsealed on Tuesday, federal prosecutors in Brooklyn charged Chen Zhi — also known as Vincent — the chairman of Prince Holding Group, with conspiracy to commit wire fraud and conspiracy to launder mo
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