Wu Blockchain (@WuBlockchain): How the U.S. Government Seized 120,000 BTC From Cambodia’s “Pig-Butchering” Kingpin
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How the U.S. Government Seized 120,000 BTC From Cambodia’s “Pig-Butchering” Kingpin The U.S. government seized about 127,000 BTC (over $15 billion) linked to Chen Zhi, leader of Cambodia’s Prince Group, responsible for large-scale crypto scams. The stolen funds were laundered through Bitcoin mining, especially the Lubian pool. Authorities recovered the assets by tracing blockchain transactions and exploiting weaknesses in key generation. This marks the largest crypto forfeiture and shows how blockchain transparency aids law enforcement. Read More https://t.co/aJWZ5za76N