US Seeks Forfeiture of $14.2B Bitcoin Linked to Pig-Butchering Kingpin Chen Zhi

US Seeks Forfeiture of $14.2B Bitcoin Linked to Pig-Butchering Kingpin Chen Zhi

U.S. government seizes record $14B Bitcoin connected to Chen Zhi’s massive human-trafficking and cryptocurrency fraud network. The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to take control of about 127,000 BTC, worth around $14.2 billion. The Bitcoin fortune is tied to LuBian and Cambodia-based businessman Chen Zhi, who is the chairman […]

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