The U.S. government is seeking to seize a massive 127,271 bitcoin (≈$14B) linked to a scam run by Chinese national Chen Zhi and his Cambodia-based criminal network. The U.S. government is moving to ...

The Department of Justice has seized about $15 billion worth of bitcoin held by a man who oversaw a massive "pig butchering" fraud operation based in Cambodia, prosecutors said. The seizure is the ...

Bitcoin valued at $15 billion has been seized by the Department of Justice (DOJ) from a massive "pig butchering" network, and in what officials say is the "largest forfeiture action in U.S. history." ...

Chinese authorities have taken custody of Chen Zhi, the businessman at the center of what U.S. officials describe as one of the largest crypto scam and money laundering operations ever uncovered. The ...