The U.S. has sanctioned Cambodia-linked Prince Group over alleged crypto fraud, money laundering, and forced labor tied to scam compounds. Officials say the network ran “pig butchering” schemes that helped steal billions and trap trafficked workers.
Read Full Article
Japan has arrested a suspect in a Prince Group-linked crypto fraud probe allegedly tied to $15B in dirty money, underscoring crypto’s dark side: scams, laundering, and borderless crime. Bitcoin isn’t the scam — scammers just love the rails.
Read Full Article
U.S. Seizes 127,000 Bitcoin: Senator Lummis Pushes for Strategic Reserve The U.S. government has pulled off an unprecedented coup, confiscating 127,271 Bitcoin—valued at a staggering $14 to $15 billion—in a historic crackdown on the Cambodia-based Prince Group. This marks the largest forfeiture action in the Department of Justice’s history, tied to allegations of cyber-fraud and […]
Read Full Article