The DOJ has seized about $15 billion worth of bitcoin from a massive “pig butchering” fraud operation based in Cambodia. The scammers allegedly ran forced-labor camps in Cambodia where slaves were forced to lure individuals into the scam.
CNBC reports that the DOJ has made history by seizing around $15 billion worth of bitcoin from cryptocurrency wallets owned by a man who allegedly ran a vast “pig butchering” scam operation in Cambodia. This seizure marks the largest forfeiture action ever undertaken by the DOJ.
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