The post US Treasury Moves to Seize 127,271 BTC From Chinese National Behind Global Scam Ring appeared on BitcoinEthereumNews.com. 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 […] Source: https://news.bitcoin.com/us-treasury-moves-to-seize-127271-btc-from-chinese-national-behind-global-scam-ring/The post US Treasury Moves to Seize 127,271 BTC From Chinese National Behind Global Scam Ring appeared on BitcoinEthereumNews.com. 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 […] Source: https://news.bitcoin.com/us-treasury-moves-to-seize-127271-btc-from-chinese-national-behind-global-scam-ring/