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US Treasury Moves to Seize 127,271 BTC From Chinese National Behind Global Scam Ring

US Treasury Moves to Seize 127,271 BTC From Chinese National Behind Global Scam Ring


Bitcoin.com
2025-10-14 14:32:55

The U.S. Department of the Treasury has announced sweeping sanctions and forfeiture actions targeting transnational criminal organizations tied to large-scale “pig butchering” scams, including an effort to seize 127,271 bitcoin ( BTC) valued at roughly $12 billion linked to Chinese national Chen Zhi and his Cambodia-based Prince Group. U.S. Seeks $12B Bitcoin Forfeiture Linked to


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